Sign of the Times. Shoe Pavillion Files For Bankruptcy Protection
Shoe Pavilion Inc., the Sherman Oaks, California-based discount shoe retailer, just filed for bankruptcy protection and sought court approval to close more than half of its 117 stores, according to the L.A. Times. "There are approximately 43 stores which are clear money losers and will need to be closed in an expeditious manner," Shoe Pavilion …