Discount Shoe Company Will Be Closing All Rockford Stores Soon
Looks like we're going to have to find a new place to buy our summer shoes this year, because all Payless ShoeSource stores in the Rockford will be closing soon.
Business news organization Reuters says;
U.S. discount retailer Payless ShoeSource Inc plans to close all of its approximately 2,300 stores when it files for bankruptcy later this month for the second time in as many years, people familiar with the matter said on Thursday
Payless ShoeSource has 7 stores in the Rockford area, and all of them will begin liquidation sales in the next few weeks. According to Reuters;
There is still a small chance a buyer could emerge after Payless files for bankruptcy, the sources said. In the meantime, the company is preparing to run going-out-of-business sales at its shops in the next week, one of the sources said.
To be fair, I have not stepped foot in a Payless store in years, but it is still sad to see another store say goodbye in Rockford.