Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy
Retail TouchPoints
FEBRUARY 14, 2024
If the company is unable to successfully restructure its debt, a bankruptcy filing could be imminent. Express, which has faced declining sales for some time now, brought in former Tyson Foods exec Stewart Glendinning as CEO in September 2023 to turn around the business. 30, 2023, the company posted a net loss of $36.8
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