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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 ...
Founded in 1980, Columbus, Ohio-based Express Inc. was a trendsetter of casual office attire. But in recent years the retailer has struggled to compete with the likes of Zara and H&M.
Columbus retailer Express is warning the state that 615 workers at its corporate offices may lose their job because of its bankruptcy filing.
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CompuServe was initiated during 1969 as Compu-Serv Network, Inc. [a] in Columbus, Ohio, as a subsidiary of Golden United Life Insurance. [5]Though Golden United founder Harry Gard Sr.'s son-in-law Jeffrey Wilkins is widely miscredited as the first president of CompuServe, its first president was actually John R. Goltz. [6]
In 1953, GBQ Partners, a professional services firm was founded, [1] and is the largest Columbus-owned accounting firm. During the recession beginning in late 2007, Columbus's economy was not impacted as much as the rest of the country, due to decades of diversification work by long-time corporate residents, business leaders, and political leaders.