Payless ShoeSource filed for Chapter 11 bankruptcy protection as the footwear retailer prepares to wind down its North American stores and its e-commerce operations.
Sears’ Unsecured Creditors Object to Deal
On the heels of Sears’ decision to accept chairman Eddie Lampert’s ESL Investments buyout offer, the company’s creditors filed an objection to the deal. Learn the latest in the ongoing Sears saga.