NEW YORK — Bankrupt Spiegel Inc. is quietly shopping its Eddie Bauer retail chain.

Financial sources have told WWD that Spiegel is gauging how much interest is out there — as well as how much a sale could garner — to help ease bankrupt Spiegel Inc.’s credit crunch. Sources familiar with the marketing of Bauer said that the catalog firm is hoping to get close to $200 million for the 535-unit chain, but will likely get far less.

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