Eddie Bauer
Outdoor company Eddie Bauer has some debt problems. In 2017, its Bellevue-based owners, Golden State Capital, started to think of selling it to fix the financial problems. S&P Global also downgraded its credit ranking that year. However, this is not the first time the company faced problems like these. It actually bounced back from its 2009 bankruptcy filing! Its current owners bought it and saved it from its demise. Sadly, it has failed to keep up with the current trends. There is a good chance that Eddie Bauer will end up merging with Pacific Sunwear, however, so there might be no reason to worry.
Eddie Bauer
Bluestem Brands
Bluestem Brands is a retailer that sells everything from appliances to health products to apparel. It comes with 13 e-commerce sites such as Fingerhut, Draper’s & Damon’s, Fair, Appleseed’s, and Gettingon.com. Business Insider called it at-risk. In 2017, Bluestem said that its net sales went down by 10.9 percent. The adjusted net sales did not factor in the exited businesses just yet, so the decline is actually 5.1 percent. While it is somewhat better, it is still rather worrying.
Bluestem