Sale of outbound stores at Payless ShoeSource starts today.
The discount cookie that was announced last week closed all its 2,100 stores in the United States. Liquidation sales will start Sunday with store closures expected to begin in March and finish once in May.
The company is also closing its e-commerce business.
In a statement online, Payless said on February 15 that it was no longer selling products online. Merchandise is available at Amazon.com "for the moment." Customers with questions should contact customer service. @ Csr.payless.com.
Payless said the franchise operations, as well as the Latin American stores, will remain open. 1
Founded in 1956 in Topeka, Kansas, Payless is currently a privately owned company owned by Blum Capital and Golden Gate Capital. The chain currently has about 18,000 people.
Payless is the latest in a number of national retailers who close their doors as they engage in 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 several stores.