Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale [Financial Post (Toronto, Ontario, Canada)]
Express, Inc. (EXPR)
Last express, inc. earnings: 3/11 06:45 am
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Source: Financial Post
NEW YORK (AP) — Express Inc. has filed for Chapter 11 bankruptcy protection, as the fashion retailer looks to sell of the majority of its stores. Columbus, Ohio-based Express, which is also the parent of Bonbons and Upwest brands, is shuttering a handful of its operations in the process. In an announcement addressing its Monday bankruptcy filing, the company said it planned to close 95 of its Express retail stores and all UpWest stores. Article content Closing sales at these locations, which were not immediately specified, are set to begin Tuesday. Beyond these closures, Express said that it “expects to conduct business as usual.” Article content Also on Monday, Express announced that it received a non-binding letter of intent from a group led by WHP Global to potentially purchase the majority of its stores and operations. Express said that it had filed for Chapter 11 protection “to facilitate the sale process.” The consortium exploring the deal also includes mall operato
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News
- Express' troubles lead to job cuts at Bath & Body Works affiliate [Yahoo! Finance]Yahoo! Finance
- 2024's Retail Distress List is Growing, Experts Say [Yahoo! Finance]Yahoo! Finance
- Express files for bankruptcy; closing more than 100 stores [CNN]CNN
- Express bankruptcy means 95 store closures in 30 states and DC: Here are the numbers [FOX Business Network]FOX Business Network
- Retailer Express files for Chapter 11 bankruptcy protection [FOX Business Network]FOX Business Network
EXPR
Earnings
- 11/30/23 - Miss
EXPR
Sec Filings
- 4/22/24 - Form 8-K
- 3/14/24 - Form 25-NSE
- 3/6/24 - Form 8-K
- EXPR's page on the SEC website