Friday, February 15, 2019

Reports: Payless ShoeSource to close all stores, going-out-of-business sales set for next week

Payless ShoeSource, which has Joplin locations at 1502 S. Range Line and Northpark Mall, is filing for bankruptcy and closing all of its locations, according to media reports.

The bankruptcy will be the second in two years for Payless, which is based in Topeka, Kansas.

From the Reuters article:
There is still a small chance a buyer could emerge after Payless files for bankruptcy, the sources said. In the meantime, the company is preparing to run going-out-of-business sales at its shops in the next week, one of the sources said. 
The sources asked not to be identified because the liquidation preparations are confidential. Payless declined to comment.

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