Fashion retailer Express files for bankruptcy: Which Texas stores will close?

Alexis Simmerman and Emily DeLetter, Austin American-Statesman
The exterior of an Express Store located in the Easton Town Center in Columbus, Ohio on June 25, 2015. (Columbus Dispatch photo by Brooke LaValley)
The exterior of an Express Store located in the Easton Town Center in Columbus, Ohio on June 25, 2015. (Columbus Dispatch photo by Brooke LaValley)

Fashion retailer Express filed for Chapter 11 bankruptcy on Monday, and consumers can expect to see the impacts very soon.

Here's what we know.

Express files for Chapter 11 bankruptcy

The Columbus, Ohio-based company has filed for voluntary Chapter 11 petitions in U.S. Bankruptcy Court in Delaware.

Express said it has received a $35 million commitment in new financing from certain existing lenders, subject to court approval, in addition to the $49 million it received from the IRS on April 15 related to the pandemic-era CARES Act.

According to the release from Express, bankruptcy was filed to "facilitate" a formal sale of its operations retail stores to an investor group, which includes WHP Global, Simon Property Group and Brookfield Properties.

Express CEO Stewart Glendinning said the proposed transaction will "provide us additional financial resources, better position the business for profitable growth and maximize value for our stakeholders."

What Express stores are closing?

According to the bankruptcy filing, Express plans to close about 95 of its over 500 stores and all 10 UpWest locations. The closings began Tuesday, April 23.

Five Express stores in Texas will be closing, according to KVUE:

  • 5488 S. Padre Island Dr., Corpus Christi, TX 78411-4147

  • 13350 Dallas Pkwy, Dallas, TX 75240-6670

  • 6906 N Loop 1604 E, San Antonio, TX 78247-5317

  • 1500 Harvey Rd, College Station, TX 77840-3713

  • 305 West Fm 1382, Cedar Hill, TX 75104-1885

Beyond the store closings, Express “expects to conduct business as usual.” All of the company's 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.

This article originally appeared on Austin American-Statesman: Retailer Express files for bankruptcy: Which Texas stores will close?

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