Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Payless Files for Bankruptcy, Closes 400 Stores

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Payless ShoeSource is the latest victim of the deluge of retail bankruptcies.

The affordable footwear retailer announced Tuesday that it has filed for Chapter 11 bankruptcy to restructure its North American business and its two Hong Kong-based logistic and supply chain entities. The company is closing 400 underperforming stores in the U.S. and Puerto Rico immediately.

Read more in Vamp.

Related Articles

More from our brands

Access exclusive content Become a Member Today!