These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Eddie Bauer

The outdoor company has been in trouble for its debt issues. In 2017, its Bellevue-based parent company Golden State Capital had been hoping to sell Eddie Bauer to fix financial problems. It is not exactly new since the company also made a comeback after suffering from bankruptcy and then getting bought out by its current owners. Nasdaq reported that its Achilles heel lies in its failure to cope with trends. According to the stock exchange, a merger with Pacific Sunwear seems to be the plan.

Eddie Bauer

Eddie Bauer

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Bluestem Brands

This apparel, beauty, appliances, health product, and electronic retailer owns 13 e-commerce sites. Sadly, it made its way to a Business Insider list of companies in danger. In a press release back in 2017, figures revealed that its sales have been going down. It is interesting to note that the adjusted net sales did not yet include the businesses that have exited, so the decrease in net sales totals 5.1 percent.

Bluestem

Bluestem

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