Payless Shoe Store Will Be Closing 400 Stores

(via Bisnow)

If you are familiar will Payless ShoeSource, you may know the history the store has with providing footwear at reasonable prices.

However, over the years, the store has become less popular. According to reports, the company has filed for bankruptcy and will close over 400 stores.

There are 4,400 Payless stores around the world and the company employs about 22,000 people. The store closings will affect more than 2,000 employees. There’s a high chance even more stores may be closing as well.

With so many closings from a large retail store, it’s a very unfortunate situation for the employees who will now be out of a job.

You can view the list of store closing here: