Eddie Bauer
Eddie Bauer is a Bellevue-based outdoor retailer. It came back from the brink of bankruptcy in 2009. However, we do not know what the company’s future plans are. S&P Global also downgraded its credit rating on the company. There is a significant probability that it will merge with PacSun, a California-based corporation.
Mattress Firm
Unfortunately, our favorite mattress retailer just filed for Chapter 11 bankruptcy protection. Part of it is due to a clerical error. The company said that it would sell 700 of its 3,500 locations. They seek to improve matters by terminating excessive leases and restructuring the company.