Hey everybody, this is Lisa.

And this is Karin.

And this is Pop Fashion.

Breaking news, guys.

Karin won't even let us make small talk today.

Going straight into breaking news from the past to the future. Payless

just filed chapter 11. Payless. Chapter 11. Payless shoe source. Yes, they are closing everything,

friends. They're really closing everything now that they're filing chapter 11. Almost, hold on.

Let me get the stats.

Oh, look at that. She reads you the tweet and doesn't click on the link.

Because this is such new news, they aren't telling everything, but they're saying they're closing hundreds of underperforming stores in the United States and Puerto Rico.

This isn't a huge surprise. We've talked about them a little bit in the past that they weren't doing so well, that they were deeply in debt, but they were trying to pull themselves

out of this. Chapter 11 doesn't mean that they are gone for good forever and amen. It just means that

they're having some problems. They may be able to restructure. What do you think? Do you

think this is completely over, Lisa? I hope not because where else you're going to get uniform shoes

for your kids? Where else do people get school shoes besides pay less? What did you use to get?

Because I didn't wear a uniform. Did you get penny loafers or something like that? Actually, we went to this local shoe shop in town. They weren't loafers. They looked more like boat shoes. They were not flattering. School uniforms are rarely flattering, though. It's true. And really, like, I was in, like, seventh grade, like, how cute was I going to look? but yeah, I guess there are other, like, I guess you can go to like stride right or whatever and get comparable shoes.

But at paylists, they're so affordable and kids grow so fast.

And it seems so practical.

So for that reason, like selfishly for the schoolchildren of America, I hope that some payless stores remain.

But I mean, they're going to have a

smaller footprint, probably at least until they restructure. Lisa, you might have identified a hole in

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