The second filing in two years will leave some 1,400 franchised and licensed stores around the world open but close all of the U.S. and Puerto Rico locations. The company also shut down its e-commerce site and began liquidation sales on Sunday with a goal of having the entire U.S. operation closed by the end of May.

Payless emerged from Chapter 11 in 2017, having closed 900 stores and expunged ... Log in to view full article.