Payless files for Chapter 11 bankruptcy protection

Footwear retailer Payless ShoeSource Inc. on Tuesday joined the growing list of retail chains to file for Chapter 11 bankruptcy protection so far this year. Payless filed a voluntary Chapter 11 petition in U.S. Bankruptcy Court for the Eastern District of Missouri, citing assets of $500.1 million to $1.00 billion and liabilities of $1.10 billion to … Continue reading Payless files for Chapter 11 bankruptcy protection