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Express operates about 600 stores under the names Express, 60 Bonobos Guideshop and UpWest. The exterior of an Express Store located in the Easton Town Center in Columbus, Ohio on June 25, 2015.
The company operates Express, Express factory outlets, Bonobos and UpWest stores under its corporate umbrella and said in a release Monday that it plans to close 95 Express locations (it operates ...
In addition to the 31 store closures this month, the company will shut down another 35 by the end of January 2021. By January 2022, the company plans to shutter close to 100 locations.
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 ...
WASHINGTON - Express Inc. filed for Chapter 11 bankruptcy protection Monday. The fashion retailer, which is based in Columbus, Ohio, reported nearly $1.2 billion in total debts and $1.3 billion in ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
On June 12, 2023, it was announced that all remaining EbLens would be liquidating in a way similar to a Chapter 7 bankruptcy liquidation, and all stores would permanently close by the end of July 2023 after being severely affected from the COVID-19 pandemic, their wholesale account termination from Nike, and tough competition from other shoe ...
The sale was approved Friday, and the deal is set to close by June 21, subject to customary conditions. Express Inc. owns the Express, Bonobos and UpWest brands. Bankruptcy judge approves sale of ...