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In August 2023, Express announced that they would be laying off 150 workers in effort to achieve $150 million in annualized expense reductions by the end of 2025. [10] On October 24, 2023, Express warned that it may have to file for Chapter 11 bankruptcy protection as it has been hit hard from the COVID-19 pandemic, stating store sales have been declining for years and rising costs putting the ...
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Clothing retailer Express announced on Monday that it is filing for Chapter 11 bankruptcy and will close 95 of its locations throughout the U.S. The company said those locations would begin having ...
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