Payless ShoeSource currently has 2,300 stores in operation, all of which could close by the end of February 2019. The company is preparing for its second bankruptcy filing and if no buyer is found in time, all stores will close.
Going out of business sales could start as soon as next week. This has become the fate of many physical stores feeling the sting of internet shoppers.
Payless declined to comment, as confidentiality remains during the liquidation process. However, many reputable sources are reporting this sad news.
photo credit: Forbes
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