Another nationwide mall retailer to close 100 stores amid $80M in cost-cutting
Express Inc. (NYSE: EXPR) is closing 100 stores as it looks to further tighten its belt.
The Columbus, Ohio-based retailer said in a filing with the Securities and Exchange Commission that the closures will take place until 2022, including nine stores that closed by the end of 2019, 31 by the end of this month and 35 by the end of January 2021.
The company didn’t give specific locations. Express stores are found primarily in malls and similar shopping centers.
The closures will mean a net reduction…
