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Payless ShoeSource Worldwide, LLC [3] (formerly known as Payless ShoeSource Inc. ), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation ...
Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. [1] At the time ...
Florsheim – mall shoe store; still sells online; Gadzooks – Founded in 1983 as a T-shirt store, Gadzooks grew to a 250-store mall fashion retailer before making an ill-advised decision to discontinue menswear. The company was purchased by competitor Forever 21 out of bankruptcy in 2005, with its stores either closed or converted to F21 formats.
The daily deal for May 9, 2008 is silver platform sandals at Payless Shoes. While waiting in a long line for the lady's room last weekend, I overheard a woman compliment another woman on her shoes ...
The discount shoe chain has filed for Chapter 11 protection on less than $1 billion in assets and $10 billion in liabilities. Payless has filed for bankruptcy and will immediately close 400 stores ...
The company is seeking to immediately close 112 locations and potentially shut down another 296 stores if it can't get cheaper rent for those store. Payless says it could close another 408 stores ...
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