Eddie Bauer is going out of business. The outdoor apparel retailer filed for Chapter 11 Bankruptcy protection on June 18, 2009. This marks a second bankruptcy for the company within a decade as the company successfully emerged from bankruptcy in 2003. Eddie Bauer plans to continue to honor outstanding gift cards during the bankruptcy process. If you currently hold an Eddie Bauer gift card, you should use it now or risk losing it.
Eddie Bauer now joins a small but growing list of major retailers that have filed for bankruptcy within the last year or so, including KB Toys, Circuit City, Fortunoff, Linens ‘N Things, Steve and Barry’s, Tweeter, and Value City Department Store.
For more on companies that have filed for bankruptcy and their gift card status, visit our Bankruptcy & Gift Cards page here.