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Pastimes : What Ever Happened To That Company?

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To: richardred who wrote (261)2/18/2019 9:52:25 AM
From: richardred   of 306
 
Payless ShoeSource closing all 2,100 U.S. stores, starting liquidation sales Sunday.
Payless ShoeSource confirmed Friday that it will close its 2,100 stores in the U.S. and Puerto Rico and start liquidation sales Sunday. The company is also shuttering its e-commerce operations.

The closings mark the biggest by a single chain this year and nearly doubles the number of retail stores set to close in 2019.

"We expect all stores to remain open until at least the end of March and the majority will remain open until May," the company said in a statement to USA TODAY. "This process does not affect the company’s franchise operations or its Latin American stores, which remain open for business as usual.”

Payless.com is no longer accepting online orders but its store locator was still working Saturday ni.

The Topeka, Kansas-based discount shoe retailer had previously filed for bankruptcy protection in 2017 and closed 673 stores.

usatoday.com
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