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The discount shoe retailer Payless ShoeSource is set to close all of its stores when its files for bankruptcy later this month. Veuer’s Mercer Morrison has the story.

Payless is back in time for the new school year with a new website, a new name and plans for hundreds of bricks-and-mortar stores.

After emerging from bankruptcy for the second time in January 2020 and shuttering its remaining U.S. stores in June 2019, the footwear retailer’s new website is live at Payless.com. The comeback was first announced in January.

The company announced in a news release Tuesday that it