American apparel chains could definitely use more of the former, as bankruptcy cases have been popping up all over. Mervyns, Steve & Barrys, Goodys and Gottschalks have fallen under the axe. Now Eddie Bauer and bankruptcy will be spoken in the same sentence. Its a fact. Cost cuts, management and merchandise changes werent enough to save the outfitter from this legal action.
For more information on this article and others like it, please click on the following link:Personal Money Store: Eddie Bauer Files For Bankruptcy