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Business

Express posts Q1 comparable sales increase of 5 percent

Consolidated net sales at Express Inc., increased 64 percent to 345.8 million dollars from the first quarter of 2020, with consolidated comparable sales up 5 percent. The company said, comparable retail sales, which include Express stores and ecommerce, increased 11 percent, while comparable outlet store sales decreased 19 percent versus the...

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Business

Express to close 100 stores by 2022, narrows Q4 forecast

Announcing Expressway Forward corporate strategy to drive profitable growth, Express inc has said that the company expects to close approximately 100 stores by 2022 including nine stores that have already closed in 2019, 31 by the end of January 2020, and an additional 35 by the end of January 2021. The company added that comparable sales are...

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