Payless ShoeSource preparing to close all its stores, report states

    Payless ShoeSource (Photo courtesy of MGN Online)

    SAN ANTONIO (WOAI/ KABB) - Could Payless ShoeSource be the next retail store to close up shop?

    Media outlet Reuters is reporting that Payless plans to file for bankruptcy and close all of its stores.

    Reuters says there is still a small chance a buyer could pull Payless out of bankruptcy, but the company is apparently moving toward liquidation.

    A few months ago, Payless made news when it pranked people into buying its shoes for hundreds of dollars.

    Payless previously filed for bankruptcy in 2017.

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