General Category > Economy/Business

Payless is closing all its 2,100 US stores

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Formerly Once-Ler:
https://www.cnn.com/2019/02/15/business/payless-closing-stores-bankrupt/index.html

--- Quote ---San Francisco (CNN Business)Payless is the latest retail chain to close up shop in the United States.

The discount shoe store will close all 2,100 of its locations in the United States and Puerto Rico in the coming months, a spokesperson told CNN Business on Friday. Liquidation sales will begin on Sunday and stores will begin closing in March, though most will say open until May.

Payless also plans to shut down its online store. The company could file for bankruptcy for a second time by the end of the month, according to reports.
--- End quote ---

You already know who I blame.

DCPatriot:

--- Quote from: Once-Ler on February 19, 2019, 12:09:36 am ---https://www.cnn.com/2019/02/15/business/payless-closing-stores-bankrupt/index.html
You already know who I blame.

--- End quote ---

Designer Shoe Warehouse (DSW) ??  :laugh:

ABX:
Payless was one of the few places that sold an affordable American made brand too- American Eagle Shoes.

This will probably kill their business too.

TomSea:
Unfortunately, these companies run their course, conceivably, this could someday happen to target and walmart someday.

corbe:
   Maybe they were overpaying their employees.

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