Business & Tech
Express To Close 7 NJ Stores After Filing For Bankruptcy Protection
The clothing retailer announced that it intends to close a total of approximately 95 Express stores.
NEW JERSEY — Fashion retailer Express filed for bankruptcy protection Monday, and seven New Jersey stores are among the nearly 100 that will be closed in the wake, according to a FOX5 New York report.
As part of a restructuring process that aims to strengthen its business, the company announced that it intends to close approximately 95 Express stores, with closing sales at affected stores already beginning.
The New Jersey Express stores set to close, according to FOX5 New York, are:
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- Express, Deptford Mall, 1750 Deptford Center Road
- Express, Freehold Raceway Mall, 3710 US-9
- Express, Livingston Mall, 112 Eisenhower Parkway
- Express, Mall at Hamilton Center, 4403 Black Horse Pike, Mays Landing
- Express, Moorestown Mall, 400 NJ-38 #1325
- Express, Westfield Garden State Plaza, 110 Garden State Plaza Boulevard, Paramus
- Express, 250 Woodbridge Center Drive, Woodbridge
Operations will continue as usual at stores that will remain open, according to the company.
"We continue to make meaningful progress refining our product assortments, driving demand, connecting with customers and strengthening our operations," Stewart Glendinning, the chief executive officer of Express, Inc., wrote in a news release Monday. "We are taking an important step that will strengthen our financial position and enable Express to continue advancing our business initiatives."
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