Eddie Bauer Files for Chapter 11; U.S. and Canadian Stores Continue Operations

Eddie Bauer (EDBE) filed for Chapter 11 bankruptcy on February 9, 2026, marking the third time the 106-year-old outdoor apparel retailer has sought protection from its debts. Approximately 180 U.S. and Canadian stores will remain open as the company winds down select locations; e-commerce and wholesale operations are unaffected and continue to operate separately. The filing does not impact Eddie Bauer operations outside North America. Marc Rosen of Catalyst Brands, which holds the U.S. and Canada licensing, stated the restructuring aims to optimize value for stakeholders and ensure the company maintains profitability and strong liquidity. Challenges cited include declining sales, supply chain issues, and ongoing tariff uncertainty. The brand, founded in 1920 and known for military outerwear, continues to serve as a provider of outdoor and winter apparel.