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06-10-2009, 06:43 PM
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Senior Member
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Join Date: Dec 2007
Location: Seattle area, via Phoenix, San Jose and Orange County
1,090 posts, read 1,108,426 times
Reputation: 269
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Another article, from the Wall Street Journal.
Eddie Bauer Weighs Bankruptcy Filing - WSJ.com
Quote:
Originally Posted by texastrigirl
Chapter 11 filing or no? Couldn't tell from the article.
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06-17-2009, 05:43 PM
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Oh, yeah!
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Join Date: Nov 2007
Location: Warm, sunny Iraq.
2,135 posts, read 1,673,747 times
Reputation: 1193
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Quote:
Originally Posted by pw72
Your "headline" is misleading. While shutting down completely was mentioned as an option, I don't believe that is the real plan. They are not calling it quits, they are looking for an investor. I fully expect the brand to continue.
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Eddie Bauer files for bankruptcy protection
You were right. They did get an investor after they went bankrupt.
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06-17-2009, 05:44 PM
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is now known as Seattlerightnow
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Join Date: Mar 2008
Location: WA
1,894 posts, read 1,208,418 times
Reputation: 736
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You know, the last few catalogs have been sort of lame, especially for women's clothes.
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06-18-2009, 12:08 AM
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Senior Member
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Join Date: Jun 2007
Location: Rocky Mountain West, native Seattleite
1,418 posts, read 1,036,733 times
Reputation: 379
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Quote:
Originally Posted by 70Ford
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Sarcasm understood. But I was correct, (or so it seems with today's news), that the brand will continue, and job losses will be minimal.
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06-18-2009, 12:30 AM
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Senior Member
Status:
"Watched a GORGEOUS sunset at Alki Beach tonight"
(set 2 days ago)
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Join Date: Jun 2007
Location: Greater Seattle, WA Metro Area
842 posts, read 590,155 times
Reputation: 170
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So many companies filing Chapter 11 right now. My largest client did it in April and boy have I learned a lot! Pretty amazing how they can restructure to survive. But you essentially have to go to court weekly to get your cash outflow approved. Lots of money for attorneys and consultants...
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06-18-2009, 04:23 PM
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Oh, yeah!
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Join Date: Nov 2007
Location: Warm, sunny Iraq.
2,135 posts, read 1,673,747 times
Reputation: 1193
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Quote:
Originally Posted by pw72
Sarcasm understood. But I was correct, (or so it seems with today's news), that the brand will continue, and job losses will be minimal.
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Actually, that was one of the few times I haven't been sarcastic on these boards. Another company is swooping in, will continue the brand, and Eddie Bauer will press on. I think it's great. I don't want Seattle to lose any more companies. I live here (well, will in about six months, when I fisnish this tour.) and I call it home. We need strong businesses. We need more jobs.
Sometimes, the jist of what is typed on a message board can be construed the wrong way. Perhaps, I should have elaborated.
/didn't mean nothin' bad, I swear. My apologies.
500 Apply For 50 Jobs At New Red Robin - Seattle Jobs News Story - KIRO Seattle
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06-18-2009, 04:45 PM
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City-Data Addict
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Join Date: May 2008
Location: Austin, TX!!!!
1,871 posts, read 1,080,635 times
Reputation: 482
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Quote:
Originally Posted by pw72
Sarcasm understood. But I was correct, (or so it seems with today's news), that the brand will continue, and job losses will be minimal.
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How did you read sarcasm in that?
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06-18-2009, 06:45 PM
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Senior Member
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Join Date: Jun 2007
Location: Rocky Mountain West, native Seattleite
1,418 posts, read 1,036,733 times
Reputation: 379
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Quote:
Originally Posted by 70Ford
Actually, that was one of the few times I haven't been sarcastic on these boards. Another company is swooping in, will continue the brand, and Eddie Bauer will press on. I think it's great. I don't want Seattle to lose any more companies. I live here (well, will in about six months, when I fisnish this tour.) and I call it home. We need strong businesses. We need more jobs.
Sometimes, the jist of what is typed on a message board can be construed the wrong way. Perhaps, I should have elaborated.
/didn't mean nothin' bad, I swear. My apologies.
500 Apply For 50 Jobs At New Red Robin - Seattle Jobs News Story - KIRO Seattle
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Sorry, my misinterpretation. MY bad.
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