Express, Inc. Provides Additional COVID-19 Business Updates
Express, Inc. (EXPR)
Last express, inc. earnings: 3/11 06:45 am
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Source: Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) today provided an additional business update in response to the COVID-19 pandemic.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200401005097/en/Express storefront at Easton Town Center in Columbus, Ohio. (Photo: Business Wire)As announced last week, Express stores will remain closed until further notice. The Company will continue to do its part to protect the health and safety of our associates, our customers and the communities in which we operate. The Company is taking the following immediate actions to help ensure sufficient liquidity throughout the duration of this unprecedented crisis:Furloughing most store associates and a number of corporate associates, pausing pay while continuing to provide healthcare benefits for those eligible until such time as stores are able to reopenSignificantly reducing expenses, capital expenditures a
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