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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 ...
Bella Cabakoff was born in Williamsburg, Brooklyn and moved to Columbus, Ohio as a toddler. [4] At 21, she became the youngest buyer for the Lazarus department store chain. In 1951, after spending over 20 years with Lazarus, she and her husband Harry Wexner opened a women's clothing store named Leslie's (after their son) on State Street.
Bond stepped away from active management when he was elected mayor of Columbus in 1907. The first store featured fifteen-dollar men's suits. As president, Slater built the concern into a million-dollar corporation, increasing the number of employees from 50 to more than 4,000. At his retirement in 1924, the concern had 28 stores in large cities.
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