Eddie Bauer files for bankruptcy, begins winding down all stores in the US and Canada

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Eddie Bauer files for bankruptcy, begins winding down all stores in the US and Canada
 
Published Friday, February 13, 2026 11:00 am
by Daphne Howland

This is a summary

"The entity operating Eddie Bauer’s stores in the U.S. and Canada filed for bankruptcy Monday, facing average weekly disbursements of some $1.6 million over the next thirteen weeks but with only about $20 million of cash on hand.

  • The company, which licenses the Eddie Bauer brand from Authentic Brands Group, is in the process of shuttering 175 stores; the brand began the year with a fleet of about 220 but some leases lapsed in January. Aggregate net sales proceeds from the closing sales will be about $21.3 million.

  • The wind-down will halt if the company can find a buyer, and there has been some interest, per court filings. The Chapter 11 process doesn’t apply to stores beyond North America or to the brand’s wholesale and e-commerce operations, which are all separate licensees. "

Read the original on Retail Dive

Eddie Bauer files for bankruptcy, begins winding down all stores in the US and Canada | Retail Dive

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