Payless ShoeSource has filed for Chapter 11 bankruptcy as it is closing hundreds of store locations. CNBC reported that the shoe retailer is the latest store to do so as many face competition from online stores. “This is a difficult, but necessary, decision driven by the continued challenges of the retail environment, which will only…

via Payless ShoeSource files for bankruptcy and announces the closure of hundreds of locations — RareRare

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s