Payless ShoeSource is the nation’s leading provider of shoes that look just enough like Chuck Taylor All-Stars but that are buy one, get one free. The chain is now in Chapter 11 bankruptcy, hoping to trim its store fleet and its substantial debt. In a recent court filing, the chain listed 81 more locations that it may or may not close, pending negotiations with its landlords. [More]
payless bankruptcy
Payless Files For Chapter 11 Bankruptcy, Will Close 400 Stores
By 4.4.17 — Updated: 5.9.17
It seems like every mall has at least one Payless ShoeSource, but the chain is about to become a little less ubiquitous: It filed for Chapter 11 bankruptcy today, as expected, and announced plans to close 400 of its 4,000 stores. [More]
