STATEN ISLAND, N.Y.
Express Inc., the popular clothing retailer, has filed for bankruptcy and announced the closure of 95 stores across 20 states. The Staten Island Mall location, however, is not among those slated for closure.
Stewart Glendinning, Express’ CEO, said in a statement that the company is taking this step to strengthen its financial position and continue advancing its business initiatives.
The Chapter 11 filing will facilitate a sale to WHP Global and mall landlords Simon Property Group and Brookfield Properties.
Closing sales have already commenced at the affected stores. A full list of closures includes locations in Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, Washington, Wisconsin, and Washington, D.C.
Express Factory Outlet stores are also affected by the closures, with locations in Connecticut, Georgia, Indiana, Iowa, Louisiana, Maryland, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Texas, Washington, and Wisconsin set to close.
