It unloaded about $435 million of its debt via the bankruptcy process.
The transaction is subject to approval by the bankruptcy court.
Their ultimate fate may surprise you.
Research from EY reveals major concerns among retail leaders.
And, that’s becoming a huge problem for retailers.
The firm filed bankruptcy Friday.
Several Payless agents & suppliers say their businesses could collapse if Payless shutters.
The company pulled the trigger late Tuesday.
It’s getting rough out there for retail.
The furry shoe trend continues. BCBG Max Azria’s fall ’16 show featured loafer-style pumps with shearling accents, as well as architectural footwear silhouettes.