Payless Shoesource files for bankruptcy

1 Houston

Houston News & Search

1 News - 1 eMovies - 1 eMusic - 1 eBooks - 1 Search

Payless Shoesource Inc. has filed for Chapter 11 bankruptcy in St. Louis and reportedly plans to close 400 stores immediately in the United States and Puerto Rice. Payless has more than 4,000 stores in 30 countries, including about 75 in the Houston area. The company expects to post the list of stores that it plans close on its restructuring website after 8 p.m. CDT on April 4. MarketWatch reported that the company plans to reduce its debt by 50 percent and has entered into agreements with certain…


1 Houston

Houston News & Search

1 News - 1 eMovies - 1 eMusic - 1 eBooks - 1 Search


Facebooktwitterredditpinterestlinkedinmail

Facebooktwitterlinkedinrssyoutube

Leave a Reply