A hedge fund that promised to turn around the popular discount shoe retailer Payless ShoeSource after its emergence from Chapter 11 in 2017 instead let it whither on the vine, eventually landing the company back in bankruptcy court in February...
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April 29, 2019, 09:15 AM
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Great American Group, LLC, a leading provider of asset disposition solutions and wholly-owned subsidiary of B. Riley Financial, Inc. announced that in a joint venture with Tiger Capital Group, it is operating the store closing sales at all Payless...
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February 22, 2019, 08:02 AM
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Payless ShoeSource (“Payless” or the "Company") today announced that the U.S. Bankruptcy Court for the Eastern District of Missouri (the “U.S. Bankruptcy Court”) has approved the Company’s first day motions related to its voluntary filing for relief...
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February 20, 2019, 09:30 AM
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The other shoe is about to drop for discount footwear retailer Payless ShoeSource Inc., which is reportedly preparing to file for bankruptcy this month, the second time since 2017.
According to sources cited by Reuters, the company has been...
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February 15, 2019, 09:00 AM
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Payless ShoeSource is closing 388 underperforming stores in the United States, providing a rare opportunity for savvy shoppers to snap up footwear for the whole family at liquidation prices. A joint venture between Great American Group and Tiger...
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April 14, 2017, 07:23 AM
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Retail footwear giant Payless ShoeSource filed a voluntary petition for reorganization pursuant to Chapter 11 of the U.S. Federal Bankruptcy Code on April 4.The company’s North American entities, as well as two foreign Hong Kong-based entities...
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April 05, 2017, 07:14 AM
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