Eddie Bauer files for bankruptcy

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Following a week of speculation, clothing company Eddie Bauer filed for Chapter 11 bankruptcy today. The filing coincides with a plan to sell the business to a private capital group.

Eddie Bauer, which had 371 stores across the United States, is struggling with the usual combination of poor sales and mounting debt. The company traces its debt issues all the way back to previous parent company Spiegel's bankruptcy filing in 2003.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on June 17, 2009 6:17 PM.

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