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Another one bites the dust! The discount shoe chain has filed for Chapter 11 protection on less than $1 billion in assets and $10 billion in liabilities.
Eighteen months after bankruptcy, Payless ShoeSource Inc has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring. Shoe retailer Payless to explore options ...
The company filed for bankruptcy twice — in 2015 and 2017 — and has since closed thousands of stores. At its peak, RadioShack had nearly 7,400 stores — and 5,200 as recently as 2014 — but ...
A closing Payless store at Springfield Town Center, Springfield, Virginia in 2019. On February 14, 2019, Payless filed for bankruptcy again for a second time and this time they closed all 2,100 stores in the United States by May 2019. [19] On February 19, 2019, it announced would also close 248 stores in Canada.
Payless (footwear retailer) – Filed for bankruptcy twice and closed all stores in Canada and the US in 2019. Raleigh's – also known as Raleigh Haberdasher; a men's and women's clothing store in Washington, D.C., 1911–1992; Robert Hall – clothing store that existed from 1938 to 1977. At its peak, the store had locations in both New York ...
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] RadioShack [2] Red Lobster [4] RJR Nabisco [7 ...
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Year closed: 2012 (filed for bankruptcy, but remains in business in new iterations) ... In 2019, Payless filed for bankruptcy a second time and closed all of its stores.