Wednesday, April 5, 2017

Payless Joins Ever-Growing List of Retailers Declaring Bankruptcy, Closing 400 Stores

Only a week later than predicted, Payless ShoeSource has filed for Chapter 11 bankruptcy as of April 4. This filing will result in the immediate closing of 400 stores in the US and Puerto Rico as Payless restructures to rebalance its debt. There is no report on how many jobs this will cost employees of... 

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