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It’s the end of an era–on Monday, April 22nd, clothing store Express filed for Chapter 11 bankruptcy protection and, as a result, it’ll be closing 95 of its retail stores across the US, including 20+ locations in the Tri-State area.
According to a press release WHP Global and other participants had sent it a “non-binding” letter of intent to possibly buy a majority of the Company’s retail stores and operations.
Stewart Glendinning, Chief Executive Officer, stated:
We are taking an important step that will strengthen our financial position and enable Express to continue advancing our business initiatives. WHP has been a strong partner to the Company since 2023, and the proposed transaction will provide us additional financial resources, better position the business for profitable growth and maximize value for our stakeholders.
The list of locations set to close in Tri-State area is as follows:
New York
- Bayshore: Southshore
- Bayside: Bay Terrace
- Brooklyn: Fulton Street
- Brooklyn: Kings Plaza
- NYC: Broadway -Soho
- NYC: Flatiron (Fifth Avenue)
- NYC Times Square
- New Hartford: Sangertown Square
- Oceanside: The Sands
- Valley Stream: Green Acres Mall
- Yonkers: Cross County
New Jersey
- Deptford MaII
- Freehold Raceway
- Livingston Mall
- Mall At Hamilton Cr
- Moorestown
- Paramus: Garden State
- Woodbridge
Connecticut
- Greenwich Avenue
- Manchester: Buckland Hills
- Westport: Main Street
Closing sales at the effected stores began on Tuesday, April 23rd, 2024.
Founded in 1980, Express, Inc. is a multi-brand fashion retailer whose portfolio includes EXPRESS, Bonobos, and UpWest. In addition to the 95 Express retail stores closing, all UpWest stores will close as well.