Popular retailer with more than 500 locations ‘could face bankruptcy’ as expert warns of ‘several’ big problems ...Middle East

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A POPULAR clothing store chain with hundreds of locations could soon file for bankruptcy, one retail expert has said. Express, a mall stalwart known for its business casual attire, is struggling. Somerset CollectionA retail expert has said the business casual clothing chain Express could soon be facing bankruptcy[/caption] GettyLower demand for business casual attire and the rise of online shopping have contributed to the company’s troubles in recent years[/caption] “(The company) is truly on a respirator and teetering on possible bankruptcy,” Shawn Grain Carter, a retail industry consultant and professor at the Fashion Institute of Technology, told Retail Dive. Last month, th

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