Retail Is a Vicious Minefield

Express (EXPR)? Say it ain't so. This terrific chain of 630 stores has delivered and delivered and delivered. It sure didn't deliver today, and the company was abject when Michael Weiss, one of the best merchants out there, said, "Results did not meet our expectations."

This one's shocking. I have come to think of Express as that terrific mid-range player with the best duds for younger professionals. The company is right when it claims itself to be the "premier fashion authority for our demographic." Express is too good for me to be thinking that it screwed up this badly. To me it says the demographic isn't spending....456 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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