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Express, Inc.'s New Boss Is a Retail Branding Maven
EXPRExpress(EXPR) Forbes·2024-04-26 14:54

Express, Inc.’s New Boss Is a Retail Branding MavenShutterstockThe bankruptcy of apparel retailer Express, Inc. was long in coming and widely anticipated. Like the year-ago wreck of Bed Bath & Beyond (BB&B), the Express story sounded familiar at first–Wall Street vulture capitalists plundering another debt-hobbled enterprise.In the case of BB&B, the untapped value was not in the brand. Overstock bought it for only $21.5 million. The fat and fast profit was in liquidating the real estate assets, estimated to ...