Page 35 - Pay Less News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> it's the end of an era. after more than 60 years of selling discount shoes, payless is going out of business. the retailer known for its buy one get one free had a strong following but not enough. it's closing all stores in the u.s. and puerto rico. more than 2,000 of them. payless is expected to file for bankrupt i lat bankruptcy later this month. after filing for bankruptcy in april of 2017, it operated under the control of its creditors. but it doesn't seem to have been enough to save the company. stores will be closing in march. also shutting down its online business as well. whether it...

This kind of thing happening? >> it's not the 1930s where the system failed to provide services so a lot of people are seeing dramatic changes what used to be called soeshcialism the narrow sense. these are good debates, you know, should companies baies be tore co to compete states against each other for subsidies? i think not. >> fareed's full interview with gates tomorrow on cnn. another american retailer bites the dust. payless, the discount shoe store, announced it is cholosin all stores and will stop selling online. cnn's alison kosik looks at why payless is calling it quits.

Charity compound because of these violent protests. more than 120 militia fathssion tourists stranded. they're evacuations are in the works though. the president is refusing to resign. still to come, payless is closing all of its stores in the u.s., as the latest retailers join a growing list of dying brick and mortars. where the closest one to you is having a liquidation sale. we'll tell you about this.

Of prayer and penance to avoid further rumors of his sexual misconduct with seminarians. a declaration the cardinal seemed to ignore. he began appear income public even at the 2013 conclave that elected pope francis. then in june last year, accusations that mccarrick abused a minor were found credible by an internal investigation in new york. although mccarrick maintained his innocence, he resigned as cardinal, something that has rarely happened in the history of the catholic dhchurch. finally he was brought to trial by the vatican. though by now, he did not attend in person. delia gallagher, ...

Bankruptcy, the second time in two years. it had failed in april of 2017, it emerged 18 months ago and is reorganized hundreds of millions of dollars. it wasn't enough to stay afloat, beginning tomorrow, will you see a huge liquidation sale at payless shoe stores across the country. why is this happening? we are seeing a major disruption happening for a number of reasons. for one, competition. stiff competition out there, especially for discount retailers, fast fashion is a big way to go, not just for clothing, shoes as well, lots of people shopping at h & m and zara and amazon, the owner or z...