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Payless Closing Hundreds of Stores, Including Four in West Kentucky

Payless ShoeSource is closing 400 stores across the country including locations in Hopkinsville, Madisonville, Murray and Paducah. 

The company said in a release Tuesday it has filed for bankruptcy in an effort to restructure their debt load. Payless said the closing locations are “underperforming” and are set for “immediate closure.”

CEO Paul Jones said the decision was driven by intensifying challenges in the retail environment. Payless operates 4,400 stores in more than 30 countries.

Matt Markgraf joined the WKMS team as a student in January 2007. He's served in a variety of roles over the years: as News Director March 2016-September 2019 and previously as the New Media & Promotions Coordinator beginning in 2011. Prior to that, he was a graduate and undergraduate assistant. He is currently the host of the international music show Imported on Sunday nights at 10 p.m.
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