Daily World Wire Services

Payless ShoeSource announced Friday it will be filing for bankruptcy and closing all of its U.S. stores, including its location in Aberdeen — in the Olympic Gateway Plaza.

The company will begin liquidating its stores in the U.S. and Puerto Rico starting Sunday, according to a Payless ShoeSource statement. Some of the company’s stores will close by the end of March, but many will stay open into May. The company does not known which stores will close when.

The company’s stores in Latin American countries will remain open, according to the statement.

This is the second time the company has filed for bankruptcy in the last two years. The company announced it would close about 500 stores in 2017.

At that time Payless was the nation’s largest family footwear retailer with more than 4,000 locations in 30 countries and around 22,000 employees. The company was headquartered in Topeka, Kansas, and owned by equity firms based in San Francisco.