Some Payless ShoeSource stores are sticking around a little longer than expected. While the Topeka, Kansas-based discount shoe retailer originally said in February that all of its approximately 2,300-plus
This story has been updated to clarify the 2012 acquisition of Payless ShoeSource by Blum Capital Partners and Golden Gate Capital. When Payless ShoeSource emerged from bankruptcy protection in August
Home goods retailer Pier 1 Imports is careening toward a potential bankruptcy restructuring, according to a major credit rating agency. S&P Global Ratings warned Wednesday that the "potential for a bankruptcy
Struggling home goods retailer Pier 1 Imports said it could close up to 145 of its stores in the coming months amid a significant decline in sales. The Texas-based company reported a same-store sales of
U.S. retailers have already closed more stores this year than they did throughout the entirety of 2018 as traditional brick-and-mortar outlets struggled to adapt to the consumer shift toward online shopping.