Investor Group Aims to Rescue Express Brand as Bankruptcy Filing Leads to Store Closures
Monday, 22 April 2024, 13:53
Express Files for Bankruptcy
Longtime mall retailer Express has filed for bankruptcy and is planning to close nearly 100 stores as an investor group looks to save the brand from extinction.
Investor Group Intervention
An investor group is stepping in to rescue the Express brand and secure its future amid the bankruptcy filing.
- Closures: Express is set to close almost 100 stores as a result of the bankruptcy.
- Rescue Efforts: The investor group aims to prevent the brand from disappearing entirely.
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