What Express filing for bankruptcy signals about Gen Z shopping habits [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
The company plans to close over 100 stores across the country, with shuttering sales already underway. In a news release, the Express CEO signaled that the filing came as the company seeks to strengthen its financial position: “We continue to make meaningful progress refining our product assortments, driving demand, connecting with customers, and strengthening our operations,” said Stewart Glendinning. Express describes itself as a fashion-forward apparel brand that aspires to “outfit doers, makers, movers, and shakers with clothing designed for real-life versatility.” It's tricky to place “formal” and “casual” in the same sentence, but from our perspective, that is exactly what Express has been trying to do. RELATED: BowFlex has filed for bankruptcy – pick up bestsellers at low prices on Amazon Despite attempts to appeal to more consumers with an expansive “Essentials” section and an array of relaxed jean styles — the company's inventory consists mostly of polished workwear,
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/6/24 - Form 144
- 5/3/24 - Form 4
- 5/3/24 - Form DEFA14A
- AMZN's page on the SEC website