Payless to close 10 locations; eight more closings possible – Michigan News

Payless to close 10 locations; eight more closings possible –  Michigan News


Payless Shoes is closing 10 locations in Michigan filing for chapter 11 bankruptcy in April, with eight more stores to potentially shutter later.

MLive reported the company announced a possible 1,000 stores closing after finding itself $665 million in debt.

Initially the company announced ten closures in Michigan, with the Sterling Ponds Shopping Center Payless store in Sterling Heights among them.

Pending a judges approval, a Dearborn store on Michigan Avenue will close, as will a Madison Heights store on John R in Madison Place.


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Pending landlord negotiations, the Lakeside Mall location in Sterling Heights, and the Redford Plaza location in Redford.

Read the full story on MLive.

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