Payless ShoeSource files for bankruptcy

|By:, SA News Editor

Payless ShoeSource files for bankruptcy to mark the 10th filing by a national retail chain this year.

Chains that compete with Payless include DSW (NYSE:DSW) and Caleres (NYSE:CAL).

Previously: Bull market for retail bankrupcties (March 31)

Previously: Mall store closing blitz continues (March 27)