ANOTHER Express location is set to shut its doors amid a raft of closures by the bankrupt chain. The fashion retailer is shutting around 100 stores after it filed Chapter 11 bankruptcy in April. Now, one New Jersey location is offering liquidation sales as it enters its final weeks.
The Garden State Plaza mall in Paramus, New Jersey will close by the end of June, an employee confirmed to The U.S. Sun.
Currently most items are 60% off, though clearance items are 80% off. Another Express in the same city is also shutting down at the Paramus Park Mall. It’s not currently clear when that location is closing.
The filing isn’t just impacting Express locations. The bankruptcy has also led to the closure of all the company’s UpWest Express locations. Express also owns Bonobos.
While initially it seemed no Bonobos locations would shut, the chain has since started closing some, according to Charlotte Business Journal . In April, the company said it “expects to conduct business as usual” at remaining locations. Before the mass closure, the company had over 500 stores .
A list of closing locations was published by USA Today in April, but the Garden State Plaza location was not on the list at the time. The closures are coming despite a massive influx of cash from the federal government. Just a week before the bankruptcy announcement, Express said it received $49 million from the IRS.
The Trump-era CARES act, which provided economic stimulus during the Covid-19 pandemic , paid th.