Business & Tech
Express Clothing Chain To Close 2 VA Stores Amid Bankruptcy Filing
The clothing retailer Express said it intends to close about 95 stores nationwide, including 2 in Virginia, as it files for bankruptcy.
VIRGINIA — Fashion retailer Express filed for bankruptcy protection Monday, and two Virginia stores are among the nearly 100 that will be closed as a result, according to a report by The Hill.
As part of a restructuring process that aims to strengthen its business, the company announced that it intends to close about 95 Express stores, with closing sales at affected stores already beginning.
The Virginia Express stores set to close, according to the bankruptcy filing, are:
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- Dulles: Dulles Town Center, 21100 Dulles Town Circle
- Roanoke: Valley View Mall, 4802 Valley View Blvd.
Shoppers can still visit the Virginia Express stores in Arlington, Fairfax, Fredericksburg, McLean, Richmond, Springfield and Virginia Beach.
Operations will continue as usual at stores that will remain open, according to the company.
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"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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