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Eddie Bauer files for bankruptcy protection
Eddie Bauer sought bankruptcy protection amid retail sector challenges.
Retail brand Eddie Bauer filed for bankruptcy protection as it restructures operations amid changing consumer trends and persistent cost pressures. The company cited rising input expenses, inventory challenges, and shifting shopping patterns toward online platforms. Analysts said legacy retailers face sustained pressure from digital competition and evolving preferences. Market observers are monitoring restructuring plans, creditor negotiations, and potential asset sales developments.