According to Reuters news, discount retailer Payless ShoeSource, Inc. is filing for bankruptcy and plans to close all of its approximately 2,300 stores in the United States. There is currently one Payless Shoes location in DeKalb County—at 2350 Sycamore Road in DeKalb.
Barring Payless finding a buyer at the last minute, the chain retailer is planning to have going-out-of-business sales next week at all of their stores.
Payless would join Claire’s as another national retail chain to close in DeKalb recently.
Sears declared bankruptcy in 2018, but Sears Hometown Store in DeKalb was not affected by the bankruptcy, as Sears Hometown and Outlet Stores Inc. was spun off from Sears Holdings in 2012.