Payless ShoeSource to close all remaining stores, report says

National
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SAN FRANCISCO, CALIFORNIA – FEBRUARY 08: A pedestrian walks by a Payless Shoe store on February 08, 2019 in San Francisco, California. Payless is preparing to file for a second bankruptcy and shutter many, if not all of its North American stores. (Photo by Justin Sullivan/Getty Images)

Payless ShoeSource plans to close all of its remaining stores when it files for a second bankruptcy later this month, according to a new Reuters report.

According to the report, there is still a small chance a buyer could emerge after Payless files for bankruptcy, but for now the company is reportedly preparing to run out-of-business sales at its stores within the next week. 

The discount shoe retailer, which has about 2,300 remaining stores nationwide, previously filed for bankruptcy in 2017. 

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