Payless is closing all 2,100 stores in yet another sign of the death of fast fashion | Fast Company

In another sign that fast fashion is dying off, Payless ShoeSource Inc. says it plans to close all of its 2,100 stores in the United States and Puerto Rico. Two years ago, Payless declared bankruptcy during a wider wave of store closures throughout the country, something we’ve come to describe as the retail apocalypse. At the time, the company shuttered a number of its stores, which allowed it to eliminate hundreds of millions of dollars in debt, according to the Wall Street Journal. But none of this restructuring was able to save it from further collapse.

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