Eddie Bauer has filed for Chapter 11 bankruptcy protection for the third time in its 106-year history, marking another chapter in the outdoor retailer's financial struggles. The Bellevue, Washington-based company operates roughly 180 stores across the U.S. and Canada and has licensed its brand to Catalyst Brands for retail operations in these markets.

Despite the bankruptcy filing, Eddie Bauer's e-commerce and wholesale operations remain unaffected as they operate separately from the retail division. The company's retail locations will continue serving customers while management begins winding down some stores. CEO Marc Rosen stated that this restructuring represents the best path forward to optimize value for stakeholders while ensuring Catalyst Brands maintains profitability with strong liquidity.

Recent years have brought multiple challenges for Eddie Bauer, including declining sales, supply chain disruptions, and ongoing tariff uncertainty. While the leadership team implemented improvements in product development and marketing, these changes came too late to overcome years of accumulated difficulties. The bankruptcy filing specifically affects U.S. and Canadian operations, with international markets remaining unaffected.

Quick Fact: Eddie Bauer launched in 1920 as a Seattle fishing shop and became known for military outerwear during World War I.