Overview
- Eddie Bauer LLC filed for Chapter 11 in the District of New Jersey after a restructuring support agreement with secured lenders, covering roughly 180–200 stores in the U.S. and Canada.
- The company is running liquidation sales while conducting a court-supervised process to sell all or part of the store operations, with stores remaining open for now.
- If no buyer emerges, the operator plans to wind down its U.S. and Canadian store fleet, following going‑out‑of‑business sales that began at about 40 locations with lapsed leases.
- E-commerce and wholesale are unaffected after transitioning to Outdoor 5, and internationally licensed stores remain open; Authentic Brands Group retains the Eddie Bauer intellectual property.
- Court filings list more than 100,000 creditors and estimate assets of $100 million to $500 million against $1 billion to $10 billion in liabilities, with a potential sale approval targeted in March.