Eddie Bauer, Pacific Sunwear explore merger amid retail downturn

Eddie Bauer, Pacific Sunwear explore merger amid retail downturn

Eddie Bauer and Pacific Sunwear of California are exploring a merger to consolidate their store footprint and weather a prolonged downturn in the U.S. brick-and-mortar retail sector, people familiar with the matter said on Wednesday. The two sporty retailers have previously succumbed to bankruptcy and are searching for growth. In a merger, the companies could whittle down their store counts from their current total of nearly 700 together, the sources said. Eddie Bauer and Pacific…

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