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Payless ShoeSource to Liquidate

Payless ShoeSource is entering the retail graveyard. The discount footwear chain has decided to liquidate its business, closing all 2,100 stores across the U.S. and Puerto Rico. The company will also shutter its e-commerce business. The shutdown was not unexpected, as rumblings of a second bankruptcy filing–it last filed in 2017 and shuttered 673 doors–had…

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