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Payless Shoes Valley View Mall store may close

Payless Shoes Valley View Mall store may close

"As part of Payless' Chapter 11 restructuring, we are taking steps to further rationalize our store fleet in the USA and Puerto Rico", a spokesperson for Payless told Footwear News in an email statement today.

Back in April, Payless filed for Chapter 11 bankruptcy protections and announced its first wave of 405 store closures.

Payless ShoeSource plans to close two of its two stores in Modesto, along with Merced and Sonora locations, as part of its bankruptcy filing.

4 militants killed in Rampur sector: Army
Indian army Tuesday claimed it had damaged some Pakistani army posts on LoC and described it as "punitive fire assaults". There was no loss of life in the incident, the official said, adding the militants manage to escape from the spot.


In a filing in the bankruptcy court last week, Payless has asked the court to approve the closure of up to 408 more stores, including about 60 in California. Four stores in Wisconsin, including the one in La Crosse, are on the list.

Payless Shoe Source could almost double the number of store closures under its bankruptcy plan as the extent of the discount footwear chain's troubles come into sharper focus. However, the company says all the stores on the list might not close depending upon how negotiations with landlords turn out.

"We remain hopeful that these negotiations will be successful and provide us with the ability to avoid additional closures", Payless said in a statement.


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