Comment on Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale

Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale

By ANNE D’INNOCENZIO NEW YORK — Express Inc — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The retailer based in Columbus, Ohio, and founded in 1980 also said Monday it is seeking to sell the majority of its stores. Express, which is the parent of the Bonbons and UpWest brands, is shuttering a handful of its outlets in the process.

 

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