Payless to Shut Down All of Its Stores in the US and Canada It is the latest in-person retailer to fall victim to the rise of Amazon and
online shopping. Payless filed for Chapter 11 bankruptcy this week and will start shut downs next month. It is the second filing for Payless, which also declared bankruptcy
in 2017. The closings will leave 16,000
out of work by May. Following the shut downs in
North America, only 420 stores
will remain open worldwide.
online shopping. Payless filed for Chapter 11 bankruptcy this week and will start shut downs next month. It is the second filing for Payless, which also declared bankruptcy
in 2017. The closings will leave 16,000
out of work by May. Following the shut downs in
North America, only 420 stores
will remain open worldwide.
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