Broadview Payless ShoeSource May Close

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Children pick out their free shoes and try them on inside the store at Payless ShoeSource on November 20, 2009 in Cincinnati, Ohio. | Joey Foley/Getty Images

Saturday, May 27, 2017 || By Michael Romain || @maywoodnews || Updated: 10:15 a.m. 

Payless ShoeSource, the national retail chain based in Topeka, Kan., has announced that it might close at least another 400 stores, including a store located at 102 Broadview Village Square in Broadview, according to company officials.

This is just the most recent round of possible store closings. Last month, while filing for bankruptcy protection, the company announced its plans to close up to 400 stores, according to a Chicago Tribune report.

The Tribune noted that, since filing bankruptcy, Payless “has been trying to negotiate reductions in rent at some additional stores.”

In a bankruptcy court filing, company officials said that, “While many of those negotiations have been successful and significant savings have been realized, other negotiations have not been as successful.”

So far, 22 Payless locations in Illinois have shut down. The company’s remaining Illinois stores could also be closed if “ongoing [rent] negotiations fall through,” the Tribune reported.

The Payless ShoeSource at 1234 Winston Plaza in Melrose Park is not among those stores undergoing rent negotiations, according to a company document.

For the full list of recently announced Payless closings, click here. To read the full Chicago Tribune report, click here. Like Village Free Press on Facebook by clicking hereVFP

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