Payless ShoeSource To Close 400 Stores

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It was announced Tuesday that Payless ShoeSource has filed for bankruptcy and will be closing nearly 400 poorly performing stores in the U.S. and Puerto Rico.  This is another result of the difficulty for retail chains to survive in the age online shopping and Amazon.

This is a difficult, but necessary, decision driven by the continued challenges of the retail environment, which will only intensify,” Payless CEO W. Paul Jones said in a statement.

A list of the stores closing was released today and can be found here.

The Payless stores closing in the Syracuse area include the following:

  • Shoppingtown Mall in DeWitt
  • Great Northern Mall in Clay
  • Northern Lights shopping plaza in North Syracuse
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