Fashion retail giant Express has filed for bankruptcy and announced plans to close numerous stores nationwide, including 11 in New York State and 7 in New Jersey. The company will also close its offices in New York and lay off all employees. The bankruptcy filing is intended to facilitate a potential sale of the company’s operations.
Popular clothing retailer Express has filed for bankruptcy and announced the closure of 95 stores across 20 states. The closures will affect locations in New York, New Jersey, California, Florida, Georgia, and more. The Staten Island Mall store will remain open. The Chapter 11 filing will facilitate a sale to WHP Global and mall landlords Simon Property Group and Brookfield Properties.
Express, Inc., a once-trendsetting clothing retailer, has begun closing sales at 95 of its stores following a Chapter 11 bankruptcy filing. The closures include all 10 UpWest stores and represent part of a larger plan to facilitate Express’s sale to a consortium led by WHP Global. Despite the closures, Express plans to continue operating as usual, with over 500 Express and Express Factory Outlet stores remaining open, along with Bonobos Guideshops and online operations.
Express, Inc., a clothing retailer founded in 1980, has filed for Chapter 11 bankruptcy protection and will be closing 95 of its Express retail stores and all 10 of its UpWest stores. The closures include two stores in the Tampa Bay area, located at Citrus Park Town Center and Countryside Mall in Clearwater. Express had once been a trendsetter in casual office attire but has struggled to compete with fast-fashion retailers like Zara and H&M.
Express, Inc., a popular clothing retailer, announced the permanent closure of over a dozen California locations as part of its ongoing Chapter 11 bankruptcy proceedings. The closures are part of a larger plan to shutter 95 stores across the United States. The company’s acquisition by WHP Global is expected to proceed as planned, and Express has reassured customers that its online and brick-and-mortar operations will continue as usual during this transition.
Express Inc., a well-known clothing retailer, has filed for Chapter 11 bankruptcy protection and will be closing 95 stores. Additionally, all 10 UpWest stores will also be closed. The store closures will begin on Tuesday.
Express, a popular retail store chain, has filed for Chapter 11 bankruptcy protection and will be closing 95 stores across the United States, including two locations in the Bay Area: Santa Clara and Emeryville. The closures are expected to begin on Tuesday and will impact a total of 16 stores in California.
American fashion retailer Express Inc. filed for bankruptcy on Monday and announced plans to close over 100 store locations nationwide. The company, headquartered in Columbus, Ohio, cited financial challenges and the impact of the COVID-19 pandemic on its decision. Express will close about 95 of its 530 Express stores and all 10 of its UpWest Express stores in the U.S., with store closing sales beginning Tuesday. The company emphasized its commitment to its customers and the strength of its omnichannel platform.
Retailer Express Inc., parent of Bonobos and UpWest, has filed for Chapter 11 bankruptcy and plans to close approximately 95 retail stores, including all UpWest locations. The company currently has 530 Express stores in operation, with an additional presence in Mexico and Central America.
Clothing retailer Express has filed for Chapter 11 bankruptcy and will close 95 of its locations throughout the U.S. The company said those locations would begin having clearance sales Tuesday. Additionally, Express announced that all five of its UpWest stores will close. A consortium led by WHP Global plans to buy a majority stake in the retailer as part of the bankruptcy process.
