Mall retailer Express files for bankruptcy, company closing nearly 100 stores [USA TODAY]
Simon Property Group, Inc. (SPG)
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Source: USA TODAY
Express, the Columbus, Ohio-based brand and longtime mall retailer, is also the parent company of Bonobos and UpWest. In a press release Monday, Express said it plans to close approximately 95 Express retail stores and all of its UpWest stores. The locations of closing Express stores were not immediately specified. Closing sales at the affected stores are scheduled to begin Tuesday, April 23. All of Express' brands are still fulfilling orders and processing returns. Its merchandise policies remain unchanged, and gift cards and store credits are currently being redeemed in-store. Express currently operates about 530 Express, Express Edit and Express Factory Outlet stores in the U.S. and Puerto Rico, according to the store locator , as well as seven stores in Mexico and Central America. The company also operates around 60 Guideshop locations and 12 UpWest stores. Express files for Chapter 11 The company has filed for voluntary Chapter 11 petitions in U.S. Bankruptcy Court
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SPG
Earnings
- 2/5/24 - Beat
SPG
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- SPG's page on the SEC website