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Outlets and online continue to buoy Express Inc. as traditional shops struggle.
The Columbus retailer, contrary to the trend in the overall industry, only closed a net four stores in 2017 and expects to grow by a net two stores in 2018. The secret to that stability is its ongoing conversion to outlet shops.
While 38 classic Express shops closed last year, 24 of those were remodeled and rebranded as Express Factory Outlet, CEO David Kornberg said Wednesday on a conference call with stock analysts.
Columbus Business News - Local Columbus News | Business First of Columbus
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Express finding ways to sell beyond its standard stores