Clothing company Eddie Bauer will begin the process of closing its Canadian doors and launching liquidation sales as part of its bankruptcy proceedings.
Eddie Bauer LLC, the operator of the brand’s North American stores, provided a statement to Global News that states the clothing retailer “will conduct liquidation sales at its stores while continuing to pursue an ongoing sale process to conduct an expeditious, value-maximizing going concern sale of all or part of its store operations.”
It was also stated that “in the event of a sale, the Retail Company [Eddie Bauer] may depart from a full wind down of operations…