Payless ShoeSource Inc. intends to file for bankruptcy protection later this month and close all of its approximately 2,300 retail locations. It’s the second time the Topeka, Kansas-based company has filed for bankruptcy protection in two years, Reuters reports. The previous filing, in April 2017, came with plans to close 400 stores. About four months later, Payless emerged from bankruptcy with no CEO and $435 million less debt. After that, a group of creditors, including hedge fund Alden Global…
from https://www.bizjournals.com/baltimore/news/2019/02/19/payless-shoesource-closing-all-2-300-of-its-stores.html?ana=RSS&s=article_search
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