Eddie Bauer customers have until March 12 to redeem gift cards and Adventure Points before the outdoor apparel retailer closes all its physical stores under bankruptcy proceedings. After that date, unused cards will lose their value.
The company operates between 175 and 180 stores across North America, all scheduled to close by April 30 unless a buyer is found. Sales during liquidation are final, and returns are not accepted.
The bankruptcy does not affect Eddie Bauer's online, manufacturing, or wholesale business, which are owned by Outdoor 5 and operated separately. Stores outside the US and Canada remain open.
This is Eddie Bauer's third bankruptcy filing in two decades. The company, founded in 1920, peaked at nearly 600 stores in 2001. The current lease portfolio of about 174 stores spans 40 US states and six Canadian provinces.
CEO Marc Rosen of Catalyst Brands, the parent company, said the restructuring was necessary to optimise value and ensure profitability. The closures are part of a wider wave of US retailers shutting stores in 2026.
