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WASHINGTON - Express Inc. filed for Chapter 11 bankruptcy protection Monday. The fashion retailer, which is based in Columbus, Ohio, reported nearly $1.2 billion in total debts and $1.3 billion in ...
Express announced it is closing 31 stores in 20 states by the end of January. The shocking move is part of the company's larger restructuring plan in an effort to reduce costs and revive the ...
Express operates about 600 stores under the names Express, 60 Bonobos Guideshop and UpWest. The exterior of an Express Store located in the Easton Town Center in Columbus, Ohio on June 25, 2015.
The company operates Express, Express factory outlets, Bonobos and UpWest stores under its corporate umbrella and said in a release Monday that it plans to close 95 Express locations (it operates ...
As a result, Express' stock fell approximately 14%. [13] [14] On April 22, 2024, Express and all of its affiliated subsidiaries declared Chapter 11 bankruptcy in the United States, listing assets and liabilities between $1 billion and $10 billion. [15] The company announced plans to close 95 Express stores and all of its UpWest stores.
In April, Express announced it would close 95 retail stores and all locations of one of its clothing brands, UpWest. ... Store-closing sales at the affected stores began April 23.
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of its UpWest doors. Closing sales are expected to begin Tuesday.