GENESEO – Payless Shoesource announced that it is filing for bankruptcy and closing many stores nationwide, including the store in Genesee Valley Plaza. A new web page on Payless' website dedicated to the restructure says that on April 4, 2017, Payless’ North American entities, as well as two foreign Hong Kong-based entities involved in logistics (CBL) and supply chain (DAL), filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court … [Read more...]