Express makes cautious entry into Canada, CEO says

09/22/2011 | Financial Post (Canada)

Express President and CEO Michael Weiss said that the U.S.-based apparel chain carefully considered how it would price its wares in Canada before opening its first store in the country. "We looked at this very carefully," he said. Weiss' comments come as Canadian consumers complain about the prices at other foreign retail chains. Weiss noted that certain market conditions in Canada make it necessary to charge higher prices.

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