report-Payless Shoes set-to close all stores & file-for-bankruptcy

[MISTERCHEAP]

https://www.wpxi.com/news/top-stories/report-payless-set-to-shutter-all-stores-file-for-bankruptcy/920645188?f

[rick505]

I guess I contributed to their demise as I’ve not been inside one of their stores for years and years. One more soon to be vacant store in my closest mall.

[ctujackbauer]

The enemy strikes again.

And by enemy, I mean private equity leverage buyout firms.

[fivetalents]

• Store coupons and rewards: already discontinued

• Last day for returns/exchanges: March 1st (non-final sale purchases purchased before the liquidation sales began, pending court approval)

• Last day to use gift cards/store credit: March 11th (pending court approval… but use them yesterday)

https://www.usatoday.com/story/money/2019/02/19/payless-gift-cards-accepted-through-march-11-returns-through-march-1/2912362002/

[fivetalents]

GIFT CARDS

• All active gift cards will be eligible to be redeemed until Monday, 3/11/19.
• Effective Tuesday, 3/12/19 all gift cards will be inactive and will not be eligible to be redeemed.

MERCHANDISE CREDIT

• All active merchandise credit will be eligible to be redeemed until Monday, 3/11/19.
• Effective Tuesday, 3/12/19 all merchandise credit will be inactive and will not be eligible to be redeemed.