Eddie Bauer LLC, the North America store operator of Eddie Bauer, has canceled a planned auction of 174 store leases due to a lack of interest from potential bidders, according to documents filed with the bankruptcy court handling the store operator’s Chapter 11 process. The operator of these outdoor retail stores had announced plans last week to put the store leases up for auction following its February 2026 Chapter 11 filing in the District of New Jersey, and retained RCS Real Estate Advisors to market the leases across the U.S. and Canada.
The intellectual property rights to the Eddie Bauer brand are owned by Authentic Brands Group; the bankruptcy filing specifically impacted the store operator  retail company, which is part of the Catalyst Brands portfolio. The leases include 150 locations across 40 U.S. states plus 24 locations across six Canadian provinces, with an average size of 6,300 square feet and formats ranging from established malls and lifestyle centers to high-traffic retail corridors
The store closing sales will continue, but as of March 12, 2026, the stores will no longer accept gift cards.
