Express Inc. has filed for Chapter 11 bankruptcy protection, as the fashion
A major clothing brand will start closing store sales at nearly 100
Mall retailer Express Inc. has filed for bankruptcy and will close more
The retailer whose portfolio includes brands such as Express, Bonobos and UpWest Express, listed assets and liabilities in the range of $1 billion to $10 billion, according to a filing with the bankruptcy court in Delaware. As part of the bankruptcy process, the company will close approximately 95 Express retail stores and all of its UpWest stores, starting Tuesday, it said, without specifying the locations. The company operates about 530 Express retail and Express Factory Outlet stores in the...
Express filed with the bankruptcy court in Delaware and said it also plans
Trendy fashion retailer Express Inc. has filed for bankruptcy after consistently struggling with continued missteps over its merchandise mix that failed to get shoppers excited. The retailer filed with the bankruptcy court in Delaware and said it also plans to shutter several stores as part of the process. 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...
Red Lobster is losing money claw over fist. Bloomberg reports the seafood chain is heading for bankruptcy. The reasons are many, including the high operating costs and expensive promotions such as Endless Shrimp. Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter. — Read the rest
Three Massachusetts stores are on the chopping block as Express Inc. — once
COLUMBUS, Ohio (WCMH) – A fashion retailer headquartered in Columbus with over 500 stores in the U.S. will now close over 100 of them. Express, whose portfolio includes Bonobos and UpWest, filed fo
Express, which dressed generations of mall shoppers in slacks and blouses, now owns Bonobos and UpWest. It's closing dozens of stores but also plans to get sold to a consortium to survive.
Did you receive a mail-order package this week? Carriers in the U.S. shipped 64 packages for every American in 2022, so it’s quite possible. That commerce reflects the expansion of large-scale retail in recent decades, especially big-box chains like Walmart, Target, Best Buy and Home Depot that sell goods both in stores and online. This has led to the growth of distribution centers that fulfill these orders. While mail-order commerce is convenient, these centers also have harmful impacts,...
Oberweis Dairy, based in North Aurora, filed for Chapter 11 bankruptcy protection, but now say they have a prospective buyer.