UNION GAP — The Eddie Bauer Outlet will close soon after more than five years at the Valley Mall Plaza.

The store at 2551 Main St. has posted “Store Closing” signs and is offering discounts of 40 percent to 60 percent.

The Eddie Bauer Outlet opened in fall 2007. The opening was a Yakima comeback for the Bellevue-based clothing retailer: It had closed a store at the former Yakima Mall in January 2002 due to poor sales.

Eddie Bauer recently began liquidation sales at stores in Appleton, Wis., and Rockford, Ill., but it’s unclear if the closures are related or if there’s some larger corporate strategy at work. Company officials have not returned calls and emails requesting comment.

Golden Gate, a San Francisco private-equity firm, won a bankruptcy-court auction with a $286 million cash bid for Eddie Bauer in 2009, allowing the clothing-store chain to start over as a private company. Eddie Bauer employs about 500 people in downtown Bellevue.

Founded in 1920, Eddie Bauer has been focused on returning to its active-outdoor roots after straying in the 1990s and early 2000s under then-owner Spiegel.

Last June, the company hired Michael Egeck, a former head of youth-oriented apparel brand Hurley International, as CEO.

• Material from the Seattle Times archives was included in this report.