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Payless Shoesource stores closing up shop

NEW YORK, NY- Payless ShoeSource will be closing all 2,500 of its North American stores.
The Kansas-based company’s chief restructuring officer says the closures are happening because a prior reorganization left the company ill-equipped for today’s retail environment with too much remaining debt and too large a store footprint.

As part of the process, the company has wound down its e-commerce site.

Liquidation sales will continue until at least the end of March, with most continuing through the end of May.
There is a Payless Shoes in Campbell River.
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