Eddie Bauer bankruptcy: liquidation sales begin as 180-store operator seeks buyer
Eddie Bauer’s store operator filed for Chapter 11 bankruptcy in New Jersey and began liquidation sales at about 180 U.S. and Canadian locations. The company listed $1.7 billion in debt and set a March 12 deadline for a court-approved sale. E-commerce and wholesale operations are not included in the filing. Most stores will remain open during the process, with closures possible if no buyer is found.