Payless ShoeSource Canada Inc. says it will soon file for creditor protection in Canada and close all 2,500 of it's North American stores this spring...248 of them in Canada.  The Kansas-based company's chief restructuring officer Stephen Marotta says the closures are happening because the company is "ill-equipped" for today's retail environment with too much remaining debt and too large of a store footprint.

Is retail dead? Our phones went nuts.

ARE YOU OK WITH...a woman being being called "Fatty McFatFat by the CEO of a Canadian company?  It happened in Toronto...wait till you hear what was said to her...

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