Plans 30 new stores in five years
Posted August 10, 2012
Specialty-apparel retailer Express Inc. (Columbus, Ohio) announced that one of its subsidiaries signed an agreement with franchise operator Fastco Commercial S.A., with plans to open more than 30 Express stores in the next five years in Central and South America. Three new stores are planned for Panama, Peru and Costa Rica by the end of this year.
Michael Weiss, president, chairman and ceo of Express Inc., says, "Express' fashion forward product offering is perfectly aligned with the Latin American consumer's preference for fashion, fit and color. The Hispanic population in the U.S. has demonstrated a passion for Express and we look forward to expanding that passion throughout Central and South America."