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...
- Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
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 United States and Puerto Rico and around 12 UpWest retail stores, according to its website.
The multi-brand fashion retailer said it expects to conduct business as usual as it initiates a court-supervised process to facilitate a formal sale process. If You’d Invested $5,000 in Brookfield Renewable Partners Stock in 2023, This Is How Much You Would Have TodayRed Lobster is seeking advice from a law firm on whether to file for Chapter 11 bankruptcy following a difficult few years for the chain.Telus stock is down 37% in two years and is trading near its pandemic low, making investors wonder how low it can go. The post Telus Stock Is Down to its Pandemic Low of Below $22: How Low Can it Go? appeared first on The Motley Fool Canada.
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Retail Stores Fashion Retailer Express Factory Outlet Chapter 11 Bankruptcy Bankruptcy Court
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