Eddie Bauer explores possible sale
June 27, 2017
Eddie Bauer has seen its credit rating downgraded as sales have slowed and the chain continues to struggle under a heavy debt load. The chain, which is controlled by the private equity firm, Golden Gate Capital, is seeking to renegotiate its debt and has hired investment banks to explore a possible sale.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.