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Payless in Brettwood Village to close

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The Payless Shoe Source at 3190 N. Water St. in Decatur will close, the company has announced. 


DECATUR — The Payless Shoe Source in Brettwood Village Shopping Center will close, leaving no more of the company's stores in the Decatur area. 

The location at 3190 N. Water St. appears on a list the company posted on its website June 12, featuring hundreds of stores it plans to close as part of its Chapter 11 bankruptcy. The company announced in April that it would close the store at Hickory Point Mall in Forsyth. 

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A person who answered the phone at the Decatur store said a closing date was not known. 

Payless plans to reduce its debt by almost 50 percent, lower how much it pays in interest and line up funds, it said in a filing. The company says some of its lenders have agreed make available up to $385 million to keep stores running.

The Associated Press contributed to this story.


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