New Report Says All Payless ShoeSource Stores Will Close
WSJ: Largest Ever Retailer Liquidation
Posted by Lansing Integrity at 8:37am 2/16/19
Payless ShoeSource at Genesee Valley Mall on February 15th 2019/Lansing Integrity photo
There's a new story from WSJ that is gaining traction quickly: Payless ShoeSource will close. The Wall Street Journal says it will likely be the largest ever retailer liquidation, with 2,100 locations shuttering in the U.S. and Puerto Rico.
Read more after these sponsor messages:
LISTEN TO JOSH STRICKLAND IN THE MORNING WEEKDAYS FROM 5 TO 10 ON SMILE FM!
Payless filed for bankruptcy just two years ago, but the report says it will happen again soon, as the company remains buried in debt after a 2012 buyout.
Payless has not commented on the story.
More Lansing Integrity content follows these sponsor messages: