Express files for bankruptcy, announces store closures [Video]

Express Inc. filed for Chapter 11 bankruptcy protection Monday. 

The fashion retailer, which is based in Columbus, Ohio, reported nearly $1.2 billion in total debts and $1.3 billion in total assets in its Chapter 11 petition, which was filed in U.S. Bankruptcy Court for the District of Delaware.

According to Express’ website, the company currently operates about 530 Express retail and Express Factory Outlet stores in the United States and Puerto Rico.

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Which Express stores are closing?

In addition to announcing its bankruptcy filing, Express announced Monday that dozens of its retail stores would be closing.

Express said 95 stores will be closing and that closing sales would begin Tuesday:

• Arizona: Chandler (Chandler Fashion)
• California: Downey (Stonewood), Moreno Valley (Moreno Valley), Valencia (Valencia Town Centr), San Diego (University Town Ctr), Sherman Oaks (Sherman Oaks Fash), Emeryville (Bay Street), Santa Ana (Mainplace Mall), Cerritos (Los Cerritos), San Diego (Mission Valley), Montclair …