Express closing stores: NY, NJ and CT locations shuttering after bankruptcy announcement
NEW YORK - Clothing brand Express filed for voluntary bankruptcy protection on Monday amid a restructuring and potential buyout, and announced the closure of 95 of its retail stores across the United States, including dozens in the Tri-State area.
JUMP TO: NEW YORK l NEW JERSEY l CONNECTICUT
Store closing sales at the impacted stores across the 30 states, plus Washington D.C., could begin as early as Tuesday, the retailer said.
Here's the list of locations set to close in New York, New Jersey and Connecticut.
New York
- Bayshore: Southshore
- Bayside: Bay Terrace
- Brooklyn: Fulton Street
- Brooklyn: Kings Plaza
- New York City: Broadway -Soho
- New York City: Flatiron (Fifth Avenue)
- New York City: 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
New buyer in the works for Express?
In a news release, Express said it filed for voluntary bankruptcy protection in Delaware after receiving a "non-binding letter of intent" from WHP Global, a subsidiary of Simon Property Group, and Brookfield Properties to purchase a majority of the brand's stores and operations.
"We continue to make meaningful progress refining our product assortments, driving demand, connecting with customers and strengthening our operations," said Stewart Glendinning, Chief Executive Officer, in a prepared statement.
"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."
While the court processing continues, Express said its Express, Factory Outlet, Bonobos, and UpWest stores were running under normal hours and operations.
FOX 35 Orlando helped contribute to this report.