“Payless Is Said to Be Filing for Bankruptcy as Soon as Next Week”

Payless Inc., the struggling discount shoe chain, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter.

The company is initially planning to close 400 to 500 stores as it reorganizes operations”

https://www.bloomberg.com/news/articles/2017-03-21/payless-is-said-to-be-filing-for-bankruptcy-as-soon-as-next-week

Advertisements
This entry was posted in Economics, News and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s