Express to shutter 100 stores
Express on Wednesday said it would shutter about 100 stores by 2022, including nine already closed last year, 31 by the end of this month and 35 by the end of January 2021. The company as of November 2019 operated more than 600 stores, according to a document filed with the Securities and Exchange Commission. Express will also aim for savings through negotiations as store leases come up for renewal, according to CFO Perry Pericleous, speaking at a presentation to investors.
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