EXPR Jan 2025 0.500 put
| Previous Close | 0.2500 |
| Open | 0.3000 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 0.50 |
| Expire Date | 2025-01-17 |
| Day's Range | 0.2500 - 0.3000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
- Yahoo Finance Video
Express files for bankruptcy, plans to close 95 locations
Clothing retailer Express (EXPR) is filing for bankruptcy as the company has grappled with challenges in retaining consumers in the post-COVID era. The struggling retailer has received a potential acquisition offer from WHP Global, as it navigates the restructuring process. As part of its bankruptcy proceedings, Express plans to implement a strategic downsizing of its physical footprint. The company intends to close 95 of its Express locations and all of its UpWest stores. Yahoo Finance's Brooke DiPalma breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
ReutersApparel retailer Express files for US bankruptcy protection, to close over 100 stores
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 billion, according to a filing with the bankruptcy court in Delaware. 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.
- Business Wire
Express, Inc. Receives Letter of Intent from Consortium led by WHP Global for Sale of Business
COLUMBUS, Ohio, April 22, 2024--Express, Inc. (OTC PINK: EXPR) ("Express" or the "Company") today announced that it has received a non-binding letter of intent from a consortium led by WHP Global ("WHP"), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. ("Simon") and Brookfield Properties ("Brookfield") for the potential sale of a substantial majority of the Company’s retail stores and operations.
