50 Companies At Risk of Bankruptcy in 2020

Published on November 26, 2019
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Eddie Bauer

This outdoorsy brand founded in 1920 in Bellevue, Washington found itself between a rock and a hard place. The company, which specializes in selling outdoor clothing and equipment, currently has a total of 370 stores throughout the US, Canada, Japan, and Germany. The company initially was a catalogue only brand before opening standalone stores. This would be a decision that would cost the company and brand. By 2006, it was closing nearly 200 stores and attempting to restructure the company for profit. In 2009 the company filed for bankruptcy.

Eddie Bauer Store Closing

Eddie Bauer Store Closing

Notable Mention – Blockbuster

While we may be listing some companies and brands nearing extinction, it seems only right to acknowledge the stores and brands that once were — our first being Blockbuster. Blockbuster was an entertainment provider renting out movies and video games. Due to the increasing popularity of online streaming services such as Netflix, Hulu, and Disney+, Blockbuster was unable to keep up with the evolution of entertainment and video on demand. So long are those Friday night memories of renting two movies for the price of one.

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Blockbuster

Blockbuster