Tuesday, February 19, 2019

Payless bankruptcy just latest in blow to Connecticut’s retail market

Payless ShoeSource is the latest in a series of companies to suffer a similar fate, including Charlotte Russe, Gymboree, Sears and Toys R’ Us, which have all left holes in malls and shopping centers and along commercial corridors.

Payless will shut down roughly 2,300 stores nationwide and get rid of its online platform. With dozens of store locations statewide, Connecticut will see even more vacancies brought on by an onslaught of retail chains calling it quits over the past year.. . . more

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