Hudson Valley Payless Stores May Be Closing
Another retailer with locations in the Hudson Valley will be closing all of its locations across the U.S.
According to Reuters, Payless ShoeSource will be closing all locations across the U.S. People with close to the situation said that Payless will be filing for bankruptcy for the second time in years.
Payless has roughly 2,300 locations still open in the U.S., according to Reuters. After a failed search to find a buyer for the company, Payless has allegedly decided to shutter all their locations.
Within the Hudson Valley, Payless has locations in Middletown, Newburgh, and Poughkeepsie.
A spokesperson from Payless said "Payless will begin liquidation sales at its U.S. and Puerto Rico stores on February 17, 2019, and is winding down its e-commerce operations. We expect all stores to remain open until at least the end of March and the majority will remain open until May. This process does not affect the Company’s franchise operations or its Latin American stores, which remain open for business as usual."