Friday, February 15, 2019
A report out Thursday said all Payless ShoeSource stores will be on the chopping block, according to 21 WFMJ-TV, The Vindicator’s broadcast partner.
Reuters cites sources who tell them when Payless files for bankruptcy later this month, the chain plans to close all of its roughly 2,300 stores.
In the Mahoning and Shenango Valleys, there are eight stores.
The report mentioned there is still a small chance the company could be bought after the bankruptcy filing.
Reuters said this is the second time in as many years that Payless has filed for bankruptcy.