Express bankruptcy means 95 store closures in 31 states and DC: here are the numbers

Express will completely shut the doorways of over 100 stores throughout two of its manufacturers.

The deliberate store closures got here amid the clothes retailer’s bigger announcement on Monday that it had submitted a petition for Chapter 11 bankruptcy.

It requested the U.S. Bankruptcy Court for the District of Delaware to mix its bankruptcy case with these of sure subsidiaries that additionally sought safety.

The firm plans on “continuing to serve customers in store and online across its Express, Bonobos and UpWest brands and expects to conduct business as usual as the company works to right-size its lease portfolio and operations,” in keeping with a press launch.

RETAILER EXPRESS FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION

The bulk of the closures – 95 – will have an effect on the Express model.

Express Store at American Dream on March 7, 2023, in East Rutherford, New Jersey. (Eugene (*95*)/for Express Inc. / Getty Images)

Express has “faced a challenging commercial environment brought on by both broader economic and retail-specific market pressures” in current years, in keeping with a bankruptcy-related submitting.

The retailer indicated it “will proceed to evaluate its store footprint in connection” to the bankruptcy course of. 

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It additionally stated WHP Global and others had despatched it a “non-binding” letter of intent to presumably purchase a “substantial majority” of its belongings.

95 Express shops closing in 30 states and Washington, D.C.

Express stated its clients will see 95 Express places throughout the nation shutter in whole. Here are the states and variety of shops closing in every state:

• California – 16
• New York – 11
• New Jersey – 7
• Texas, Florida – 5
• Connecticut, Georgia, Illinois – 4
• Colorado, Iowa, Maryland, Massachusetts – 3
• Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Virginia, Washington, Wisconsin – 2
• Arizona, District of Columbia, Hawaii, Louisiana, Minnesota, Missouri, Nebraska, New Hampshire, Nevada, Rhode Island, Tennesee – 1

The retailer indicated it “will continue to assess its store footprint in connection” to the bankruptcy course of. (Eugene (*95*)/for Express Inc. / Getty Images)

UpWest places on chopping block too

In addition to these 95 shops, every of the UpWest shops that Express has will cease working, the firm stated Monday. It lists 10 completely different UpWest places on-line.

They might be discovered in eight states (Illinois, New York, Minnesota, California, Massachusetts, Virginia, Colorado and Washington) plus the District of Columbia.

The firm created the model in 2019.

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