Express to Close 100 Stores After Filing for Bankruptcy
Monday, 22 April 2024, 14:05
Express Files for Bankruptcy
Ohio-based clothing retailer, Express, has initiated bankruptcy proceedings to enable the sale of the company to WHP Global.
Store Closures Planned
Express is planning to shut down nearly 100 stores as part of its restructuring strategy.
The decision reflects the challenges faced by brick-and-mortar retailers in the evolving retail landscape, underlining the importance of adapting to changing consumer behaviors and market dynamics.
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