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National clothing retailer Express will announce closures in coming weeks as company files for bankruptcy

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  • Staff Report 

Express Inc., a well-known clothing retailer with locations at Eastview Mall in Victor and Destiny USA in Syracuse, has filed for Chapter 11 bankruptcy protection and announced plans to shut down 100 of its stores across the United States, beginning with initial closures on Tuesday, April 23. The company, which also operates Bonobos and UpWest brands, will close 95 Express stores and all UpWest locations as part of its restructuring efforts.


In a move to secure its financial future, Express has entered into a non-binding letter of intent with an investor group led by WHP Global, aimed at acquiring the company. This deal is expected to provide Express with essential financial resources to support profitable growth and enhance value for its stakeholders. Additionally, Express has secured $35 million in financing from its current lenders to maintain operations during the bankruptcy and sales process.

Express CEO Stewart Glendinning stated the company is focused on continuing to refine product offerings and strengthen customer connections while navigating these changes. “This is a crucial step to solidify our financial foundation and continue our business strategies,” Glendinning said.



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