Report: Payless Shoesource To Close All Stores

The latest victim of the retail apocalypse appears to be Payless ShoeSource.

The discount footwear chain is reportedly filing for bankruptcy later this month and will close about 2,300 stores across the U.S.

It's the second round of bankruptcy for Payless, who closed several hundred stores and filed for Chapter 11 bankruptcy back in 2017. Currently the chain operates about 3,600 stores with 18,000 employees worldwide.

Payless has 7 locations in the Albuquerque metro, plus 2 stores in Santa Fe, 2 in Las Cruces and 1 in Farmington

SOURCE: HERE

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