Payless Stores, Including Philly Locations, Could Close: Report

PHILADELPHIA — 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 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 all Philadelphia locations.

The Payless locations in Philly are:

• City Line Shopping Center, 7628 City Line Ave.
• Progress Plaza, 1501 N. Broad St., Suite 2
• Huntington Park Plaza, 700 E. Hunting Park Ave.
• 1604 Chestnut St.
• 3401 Aramingo Ave.
• 112 W. Chelten Ave.
• One and Olney Shopping Center, 101 E. Olney Ave.
• Northeast Towers, 4640 Roosevelt Boulevard, Suite B
• 34 S. 52nd St.
• Quartermaster Plaza, 2240 Orgegon Ave., H3
• 330-U Oregon Ave.
• Mayfair Shopping Center, 6434 Sackett St., Space A-15
• 6233 Woodland Ave., No. 35

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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