Payless May Close Another 400+ Stores

Less than two months after deciding to close 389 stores upon its filing for bankruptcy, Payless ShoeSource revealed that it may close another 400+ locations. The retailer is seeking court approval to trim its brick-and-mortar business if negotiations with landlords fail to result in rent concessions, according to a bankruptcy court filing.

There will be a hearing on the request to close the second round of stores…