[UPDATED] Payless, GameStop to Close Hundreds of Stores including one local store

Anyone that has been a kid in the last, I don't know, 40 or 50 years (?!) you, I'm sure would head to Payless Shoes for your Easter Oxford Saddles. You know what I'm talking about, the white and black shoes that everyone just had to have. The reverse Oreo, if you will.

I'll admit that may have been the only time I really shopped in Payless Shoes and maybe that's the problem. I feel like that trend went away and now it seems so may Payless all together.

The company filed for Chapter 11 bankruptcy on Tuesday and stated it would be closing 400+ stores immediately, but didn't state which stores were in jeopardy.

Also in the news, as of Friday, GameStop, a very popular (at least it was) video gaming store has also said it would be closing 150 stores nationwide.

As the internet shopping phenomenon continues, more and more shops are stuck with declining sales and profits in the red.

Out of the below locations, so far the only casualty is Payless Shoes in Delmar

Payless Shoes:

Westgate Plaza - Central Avenue, Albany

Shoppes at Greenbush - N Greenbush Road, Rensselaer

Crossgates Mall

Colonie Square - Albany

Clifton Park Center

Rotterdam Square Mall

Fairview Shopping Center - Hudson

Delaware Plaza - Delmar

GameStop: