economy
February 10, 2026
Eddie Bauer's retail operator declares bankruptcy
Updated on: February 9, 2026 / 2:01 PM EST / CBS News
TL;DR
- Eddie Bauer's retail operator, Catalyst Brands, has filed for Chapter 11 bankruptcy, marking its third such filing.
- The company's approximately 180 stores in the U.S. and Canada will continue to operate, while e-commerce and wholesale are unaffected.
- The bankruptcy filing aims to restructure debts and improve value for stakeholders, citing dwindling sales, supply-chain issues, and tariff uncertainty as contributing factors.
- Eddie Bauer, founded in 1920, has a history of providing outerwear and apparel for historical expeditions and military use.
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