YOUR BUSINESS AUTHORITY
Springfield, MO
Columbus, Ohio-based clothing retailer Express Inc. has filed for Chapter 11 bankruptcy protection.
A group led by consumer brand acquisition and management firm WHP Global has signed a nonbinding letter of intent to buy the majority of Express' stores and operations through the bankruptcy proceedings.
Express also is reportedly closing 95 of its Express retail stores and all 10 of its UpWest stores.
Read more from The Associated Press.
Under construction beside the existing Republic branch of the Springfield-Greene County Library District – which remains in operation throughout the project – is a new building that will double the size of the original, according to library officials.