Eddie Bauer
Eddie Bauer is an outdoor company that has some debt problems. In 2017, its parent company Golden State Capital wanted to sell it to alleviate some of its financial issues. That was also the year that S&P Global downgraded its credit ranking. The challenge is not really new to the company since it managed to bounce back from its 2009 bankruptcy. Golden State Capital stepped in to save the company by buying it in 2009. Nasdaq said that the brand was unable to keep up with new trends. The stock exchange is not very worried about it since a merger with Pacific Sunwear might be in the works.
Bluestem Brands
Bluestem Brands is a retail company that sells apparel, electronics, appliances, health, and beauty products. It is the owner of 13 e-commerce sites including Bedford, Appleseed’s, Fingerhut, and Fair. The company was part of the Business Insider list of at-risk companies. A BusinessWire press release showed that its net sales dipped by 10.9% at $381.1 million in the first quarter of the 2017 fiscal year. However, the adjusted net sales did not include the exited businesses that decreased the decline to only 5.1%.