Report: Payless ShoeSource closing all stores after filing for bankruptcy

Business
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(WKBN) – Payless ShoeSource will be closing all of its U.S. stores, according to business news organization Reuters.

Reuters said the company will file for bankruptcy later this month — the second time in two years — and close all 2,300 locations.

Payless has eight stores in our area.

The report said the company is preparing to sell off all of its inventory.

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