What does the Eddie Bauer bankruptcy mean for Canadian shoppers?

Most stores will stay open during liquidation sales, with frequent markdowns and limited restocks. Policies on returns and gift cards may change, so check in store or online before buying. Online orders should continue as operations move to Outdoor 5 LLC, though processing and returns may be updated.

Are Eddie Bauer Canada stores closing right away?

Not immediately. The company plans to sell about 200 stores while keeping most locations open. In Canada, the business is seeking court protection and a buyer, so decisions on individual store closures will follow the sale process and court approvals rather than happen all at once.

How could this affect Canadian REITs and landlords?

Lease outcomes drive the impact. If leases are assumed or assigned to buyers, occupancy holds up. Rejections can add short-term vacancy risk, especially in weaker malls. Strong landlords with active leasing teams often backfill faster, limiting rent pressure. Track court filings and property-level exposure to gauge risk.

Will prices drop during liquidation sales?

Yes, markdowns are typical during liquidation sales, especially on outerwear and footwear. Discounts can change quickly as inventory sells down. Nearby competitors may match prices to protect traffic. Expect temporary price pressure in local markets until sales end and remaining stores stabilize under new ownership.

What timeline should investors watch?

Focus on bid deadlines, any auction dates, and court approval hearings. These events signal which stores may sell as going concerns and where closures are likely. Monitor Canadian court filings for local impacts, plus updates on lease decisions, which affect occupancy, rents, and supplier payment recovery.

Global Market Insights

Eddie Bauer Today, February 10: Chapter 11 puts 200 stores up for sale

ByHuzaifa Zahoor February 10, 2026February 10, 2026

Eddie Bauer bankruptcy headlines today after a Chapter 11 filing put about 200 U.S. and Canadian stores up for sale. Liquidation sales are starting, though most locations will stay open during the process. Eddie Bauer Canada is seeking protection to pursue a sale, while online and wholesale operations will shift to Outdoor 5 LLC. We explain what this means for Canadian shoppers, landlords, and investors, and the key dates and signals to watch as the sale process moves ahead.