Thursday, April 6, 2017

Your favorite place to buy inexpensive shoes is closing 10 Michigan stores

Posted By on Thu, Apr 6, 2017 at 10:56 AM

click to enlarge SHUTTERSTOCK.
  • Shutterstock.

With the rise of online shopping and websites like JustFab.com, Payless ShoeSource is closing 10 Michigan stores after filing bankruptcy protection yesterday.

"This is a difficult, but necessary, decision, driven by the continued challenges of the retail environment, which will only intensify," the company's CEP, Paul Jones, said.

Three metro Detroit stores are unfortunately closing. 5616 W. Vernor Hwy., Detroit, 2121 N. Monroe St., Monroe, and 33389 Van Dyke, Sterling Heights. The other closings in Michigan are in Adrian, Alpena, Bay City, Benton Harbor, Big Rapids, Cadillac, and Okemos. All together, the company is closing 4,400 stores worldwide.

Employees can relocate to a nearby store if there is an opening, or receive severance pay.


Tags: ,

Best Things to Do In Detroit

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.