Eddie Bauer files for bankruptcy, begins winding down all stores

Eddie Bauer is closing all of its nearly 175-200 brick-and-mortar stores across the U.S. and Canada following a Chapter 11 bankruptcy filing by its operator, Catalyst Brands.

• Deadline: Customers must use gift cards and rewards by March 12, 2026.
• Sales: All remaining stores are holding liquidation sales with final, non-returnable purchases.
• Impact: The closures affect physical retail locations; Eddie Bauer's e-commerce, manufacturing, and international operations are not affected

What You Need to Know:

• Reason for Closures: The operator cited declining sales, high inflation, and supply chain issues, with plans to close all locations by April 30, 2026, unless a buyer is found.
• Previous Closures: Many locations had already begun closing in early 2026.
• Status: The brand, owned by Authentic Brands Group, is navigating its third bankruptcy, which is specifically for the store operator Catalyst Brands.