Is Eddie Baur going out of Bussisness?

[bigfrank Administrator Find all posts View Profile Close bigfrank]

My wife said that many of the EB Outlets are closing or have already closed, Whats up?

[Gracey Member Find all posts View Profile Close Gracey]

I don't know about the outlets but they just opened a beautiful outdoor mall by us about a month ago and there's a new eddie bauer store in there. Just was in it yesterday. Love that store!

[Luanne Senior Member Find all posts View Profile Close Luanne]

My wife said that many of the EB Outlets are closing or have already closed, Whats up?

The outlets, or the regular stores? I know the regular stores in my area have all closed, but the outlet strore is still there. In fact most of the large outlet centers have an Eddie Bauer. And the regular Eddie Bauer store in one of the large malls in San Francisco is still going strong.

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

Probably not yet.

But maybe in a re-organization, seems like they are buy back long term debt and close some stores when lease needs to be renewed

The stock is kind in down cycle. Will see what happen.

Jya-Ning

[gophish Super Moderator Find all posts View Profile Close gophish]

The store in Saratoga Springs, NY is still open, at this time anyway.

[brucecz Moderator Find all posts View Profile Close brucecz]

My wife said that many of the EB Outlets are closing or have already closed, Whats up?

They are just hiding from you.

Bruce

[Luanne Senior Member Find all posts View Profile Close Luanne]

And as far as I can tell their online business is still going strong.

[vintner Super Moderator Find all posts View Profile Close vintner]

From a shopping center website:
Spiegel Group said today it is closing 60 underperforming Eddie Bauer stores across the country.
And more could follow: Spiegel will continue to "evaluate the financial performance" of its remaining Eddie Bauer stores and "make decisions going forward regarding the possibility of additional store closures," the company said.

Analysts have speculated that Spiegel might ultimately close as many as 300 Eddie Bauer stores.

I have cut the sections from the website that are pasted here, but there is more at ICSC: International Council of Shopping Centers

Kinda looks like if you like the items, get them now.

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

From a shopping center website:
Spiegel Group said today it is closing 60 underperforming Eddie Bauer stores across the country.

You miss the time, I did that when I first look at that, it occurs in 2003.

The stock symbol is EBHI, if you look at their news, you will see they closed few stores and buy back some long term debt, but look at this moment is still O.K.

Jya-Ning

[Kay H Senior Member Find all posts View Profile Close Kay H]

Doesn't Sears now sell Eddie Bauer clothes? Also can purchase on internet.

[Luanne Senior Member Find all posts View Profile Close Luanne]

Doesn't Sears now sell Eddie Bauer clothes? Also can purchase on internet.

I know Sears sells Land's End. Maybe that's what you're thinking of. But yes, you can buy Eddie Bauer online.

[Kay H Senior Member Find all posts View Profile Close Kay H]

Thanks for clarifying, Luanne. I'm easily confused

[Luanne Senior Member Find all posts View Profile Close Luanne]

Thanks for clarifying, Luanne. I'm easily confused

No problem. If Sears was selling Eddie Bauer, I would so be there!