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UPDATE: Express files for bankruptcy, announces store closures, possible sale – Indianapolis Business Journal

A consortium that includes Indianapolis-based Simon Property Group has offered a non-binding letter of intent to potentially purchase the majority of its stores and operations. Four Indiana stores are slated for closure, according to bankruptcy papers.
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Source: ibj.com

Express files for bankruptcy protection, announces store closures and possible sale

NEW YORK (AP) — Express Inc. has filed for Chapter 11 bankruptcy protection, as the fashion retailer looks to sell off 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 anno
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Express files for Chapter 11 bankruptcy protection, announces store closures

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
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