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Eddie Bauer’s North American Operator Races to Find Buyer as Bankruptcy Looms

            Shoppers pass a closing sale at an Eddie Bauer store in Vaughan, Ont., on Wednesday, Feb. 4, 2026.  Eddie Bauer’s store operator in the United States and Canada is urgently searching for a buyer in a last‑ditch effort to prevent widespread closures tied to its recent bankruptcy proceedings. The company, which oversees the brand’s retail footprint across both countries, has entered Chapter 11 protection in the U.S. and is preparing a similar filing in Canada. Roughly 220 stores are now in play, including more than 30 Canadian locations. While doors remain open for the moment, liquidation sales have already begun as part of the restructuring process. The operator says its goal is to secure a buyer capable of keeping the stores running, but warns that without one, closures could follow. The financial strain reflects the broader challenges facing legacy retailers—rising costs, shifting consumer habits, and intense competition. As court ...
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Heat Wave Continues: Record-Breaking Highs and Global Impact

 

The scorching heat wave gripping much of the United States shows no signs of relenting. As forecasters issue warnings about record-breaking temperatures, millions of Americans find themselves under heat advisories. Here’s what you need to know:

U.S. Heat Wave Highlights

  • Affected Regions: The extreme heat has shifted from the Midwest and Ohio Valley into the Mid-Atlantic states. Approximately 100 million people, particularly along the I-95 corridor on the East Coast, are feeling the heat.
  • Temperature Projections: While parts of the Northeast may experience cooler temperatures in the 70s and 80s, the mid-Atlantic region is forecasted to reach the mid-90s and possibly even the 100s. New York City’s heat index could reach 103, Philadelphia’s 110, and Washington, D.C.'s 110.
  • Southwestern U.S.: Southern California, Arizona, and Nevada are also bracing for temperatures above 100°F. Meteorologists predict “monsoon-like” conditions in the region.
  • Health Impact: Emergency room visits related to heat have surged in the hardest-hit U.S. regions. Reliable air conditioning is crucial for coping with this prolonged heat.

Global Heat Trends

  • Europe: Serbia recorded temperatures of 104°F, while forest fires raged in Greece and Portugal. The European Union’s climate change monitoring service reports 12 consecutive months of record warmth.
  • Southeast Asia: The heat wave triggered school closures and health warnings.

Stay safe, stay hydrated, and seek shelter from the scorching sun. Let’s all work together to beat the heat! 


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