
Eddie Bauer teeters on mass closures after failed buyer bid in Chapter 11
Eddie Bauer LLC filed for Chapter 11 bankruptcy on Feb. 9, 2026, and after failing to attract a qualified bidder by the March 3 deadline, canceled its March 6 auction and signaled that all U.S. and Canadian stores could close as leases are marketed; closing sales will continue and gift cards or refunds will not be accepted after March 12. Authentic Brands Group, which owns the brand IP, plans a strategic pivot toward product innovation and digital expansion and has partnered with Outdoor 5 (Oved) to handle e-commerce and wholesale operations in the U.S. and Canada.



