Payless Could Close, Taking All Of NH Stores With It: Report

Payless ShoeSource plans to close all of its U.S. stores as part of a bankruptcy filing later this month, Reuters is reporting.

The closings would affect about 2,300 U.S. stores, including all in New Hampshire, and the company is preparing for going-out-of-business sales at the locations, according to the Reuters report. Sources told Reuters that a buyer could still crop up.

Payless currently operates over 2,700 stores in North America and Puerto Rico, including at least nine in New Hampshire. You can see the locations near you here.

As part of a bankruptcy filing in 2017, Payless closed nearly 700 stores.

Payless did not immediately respond to a request for comment.

News of the potential store closings comes as another big retailer, Sears, narrowly escaped going out of business. Earlier this month, a bankruptcy judge approved a $5.7 billion bid to keep the business operating.

You can read the full Reuters report here.

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