Canadian retail closures

Eddie Bauer Seeks Buyer as Bankruptcy Filing Puts Canadian Store Network at Risk

Eddie Bauer Seeks Buyer as Bankruptcy Filing Puts Canadian Store Network at Risk

Toronto (Rajeev Sharma|): — The future of Eddie Bauer’s retail presence in Canada is uncertain as the outdoor apparel brand looks for a buyer after filing for bankruptcy protection in the United States. The company announced Monday that it is seeking a purchaser for its network of roughly 220 stores across North America. A similar creditor protection filing is expected soon in Canada, where the retailer currently operates 31 locations, most of them in Ontario. Eddie Bauer LLC said stores in both countries will remain open for now, but clearance and liquidation sales will take place while court proceedings move…
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