Congratulations to Payless ShoeSource, the nation’s #1 source of light-up sneakers with Disney characters on them. The chain has filed for Chapter 11 bankruptcy during the current retail apocalypse that has survived the process without closing all of its stores and going out of business. [More]
payless shoesource
Here Are The 81 Stores Payless ShoeSource Wants To Close Next
By 6.14.17
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]
Here’s The Official List Of Payless Stores That Are Closing Next
By 6.1.17
While Payless ShoeSource is waiting to hear back from the court and its landlords about more than 400 stores that it may close without a break on rent, the discount shoe chain has released a list of 112 stores that definitely are closing next. [More]
Here Are The 408 Stores Payless ShoeSource Wants To Close Next
By 5.25.17 — Updated: 6.14.17
Payless ShoeSource, the world’s most reliable source for glitter-covered ballet flats for under $10, filed for Chapter 11 bankruptcy protection in April, and immediately began the closing process for 400 stores, around 10% of its footprint. Now the chain has asked the bankruptcy court for permission to close an additional 408 stores — and we have the list. [More]
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]
Payless Reportedly Looking To File For Bankruptcy, Possibly Next Week
By 3.22.17
There are certain givens when it comes to mall shopping: There’s always parking at Sears, and there’s a darn good chance you’ll find a Payless Shoesource store. However, the discount footwear retailer could see its roster of 4,000 locations slashed if reports of an impending bankruptcy filing are to be believed.
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