Payless ShoeSource filed for Chapter 11 bankruptcy protection in what could be the largest such filing in the nation's history, with the chain planning to close all 2,500 of its U.S. corporate stores and its online business amid a shift in consumer shopping behavior that's upending retailers nationwide.
Payless Files for Chapter 11 Bankruptcy Protection; All 2,500 US Stores to Go Dark
Retail Chain Plans to Keep the Majority of the Stores Open Until May
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