Going-out-of-business sales at Payless ShoeSource start today.
The discount shoe chain announced last week it was closing all of its 2,100 stores in the U.S. Liquidation sales will start Sunday with store closures expected to begin in March and be completed sometime in May.
The company is also ending its e-commerce business.
In a statement online, Payless said as of Feb. 15 it was no longer selling products online. Merchandise is available on Amazon.com “for the time being.” Customers with questions should contact [email protected].
Payless said its franchise operations, as well as its Latin American stores, will remain open.
The closures come as Payless reportedly readies for its second bankruptcy filing since 2017. At the time, Payless operated close to 3,000 stores, but closed hundreds it identified as “underperforming.”
Founded in 1956 in Topeka, Kansas, Payless is currently a privately held company owned by Blum Capital and Golden Gate Capital. The chain currently employs some 18,000 people.
Payless is the latest in a string of national retailers shutting their doors as they grapple with increased business from online sellers. In recent years, Toys R Us, Gymboree and Charlotte Russe have filed for bankruptcy and either stopped operations or closed multiple stores.