Payless Shoe Source plans to close all of its 2,300 stores when it files for bankruptcy later this month for the second time in as many years, according to a report Thursday by Reuters.
Citing unidentified sources,Reuters reports that after failing to find a buyer Payless has decided to liquidate its inventory.
The report says that the company is planning going-out-of-business sales at its shops in the next week.
There are three Payless ShoeSource stores in the Quad Cities Area located in Davenport, Clinton, and Moline, according to the company’s website.