#20: Eddie Bauer
How Many Stores Closing: ~200
Current Value of the Business: N/A
Eddie Bauer has closed roughly 200 stores over the past several years as part of a major pullback from brick-and-mortar retail. The closures followed multiple ownership changes and financial restructurings, as the apparel brand worked to reduce costs and stabilize operations amid declining mall traffic.

The company has shifted its focus toward e-commerce, wholesale partnerships, and licensing deals, including selling products through department stores and outdoor retailers. Eddie Bauer continues to operate primarily as a digital-first brand, with a significantly smaller physical retail presence than in prior decades.
