Amid nationwide closures, the Express fashion store in Rice Village, at 2414 University Blvd., Houston, will have its last day Jan. 26. The Meyerland Plaza location at 112 Meyerland Plaza, Houston, and the storefront at The Galleria at 5015 Westheimer Road, Houston, will both remain open, the stores confirmed.
The closure comes amid a countrywide reduction in storefronts by Express, which is seeking to reduce costs by $80 million over the next three years, according to a news release from the company Jan. 22. Utilizing a new Expressway Forward business philosophy, Express will close 100 stores by 2022, including 25 by the end of January 2021 and 31 by the end of this month. Express already cut nine stores in 2019, according to the news release.
With the storefront reduction, Express said it expects a $90 million reduction in net sales while eliminating fixed operating costs and levering the remaining stores’ and online infrastructure for additional sales, according to the news release.