Payless ShoeSource files for Chapter 11 bankruptcy, closing 400 stor...

04/04/17

Payless ShoeSource files for Chapter 11 bankruptcy, closing 400 stores
KLTV
In order to "facilitate the financial and operational restructuring necessary to strengthen its balance sheet and position the company for long-term success,", the retailer announced its plan to close nearly 400 stores after filing for Chapter 11 ...