We’re not sure if this is some kind of awkward mating ritual or a true test of wills, but the back-and-forth between Men’s Wearhouse and Jos. A. Bank just keeps getting nuttier: Men’s Wearhouse wants Jos. A. Bank so bad, it’s upped the ante and raised its takeover bid by about $1.78 billion. But it’s also saying Jos. A. Bank has to dump its newest fling, Eddie Bauer. [More]
With today being Valentine’s Day, it’s no surprise love is in the air. And that love couldn’t be any more evident than with men’s clothing retailers. Because when one lover turns down your attempt of a takeover, you move on to the next best option, right? That appears to be the case with Jos. A. Bank, as the company announced today that it would buy Eddie Bauer. [More]
Reader W.J. is a dumpster diver. During the controversy over H&M and Walmart destroying unsold clothing in Manhattan a few months ago, experienced dumpster divers pointed out that this is nothing new. W.J. e-mailed Consumerist about her recent find in the trash of an unnamed Eddie Bauer outlet store, and also made a video of her finds and how they were rendered unusable before throwing away. [More]
Eddie Bauer is the latest retailer to file for bankruptcy, and it says it hopes to be sold outright rather than try to reorganize, refinance, or liquidate. The AP says the clothing company had “$476.1 million in assets and $426.7 million in debt at the time of the filing Wednesday with the United States Bankruptcy Court of the District of Delaware,” and that by declaring Chapter 11 now it hopes to reassure suppliers and stave off impending cash flow problems.
Dorel Juvenile Group, the nation’s largest maker of car seats, is recalling 19 models of car seats, including the Eddie Bauer and
Costco Cosco brands.
An Eddie Bauer in downtown State College, Pennsylvania replaced Anne’s pricey old umbrella without any charge or hassle. Anne purchased the umbrella several years ago, and was assured Eddie Bauer would “take care of it” if anything went wrong. In accordance with Murphy’s law, the umbrella broke one rainy day.
When I get to the desk, I proffer it and say that it’s broken, and that I was told that they’d deal with it, but I don’t know if that means that they’ll fix it, or send a replacement, or what. The girl checks with her manager, who’s standing right next to her, but is on the phone. The manager interrupts her phone call to tell me to go pick out another one. They don’t even look at it to see if it’s actually broken.
• We continue to be baffled by Amazon’s ridiculously low prices on cookware recently, like this Cuisinart Chef’s Classic Stainless 6-Quart Sauce Pot with Lid for just $14. They must have over-purchased for the holidays. [via Slickdeals] Update: Reader Kim L. confirmed that the price is showing as $40 for her. It still shows $14 for us (although they are out of stock). A mystery!