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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 ...
Over the next five years, Payless plans to open between 300 and 500 stores across the continent. Payless shut thousands of locations down last summer in a massive liquidation sale after filing for ...
Website. www .pay-less .com. Pay Less Super Markets is a chain of nine supermarkets located in the central Indiana towns of Anderson, Lafayette, Muncie and West Lafayette. There were two Pay Less grocery stores in Omaha that only lasted two years before being taken over by Cub Foods. Pay Less is a wholly owned subsidiary of The Kroger Co.
Once Payless of Tacoma declared bankruptcy in 1991, the company was merged with the existing Payless stores from the other company and the Value Giant name was removed for the existing stores. Early photos of a Payless Drug Store under the ownership of L.J. Skaggs are currently on display at the Albany Regional Museum in Albany, Oregon .
In 2019, Payless filed for bankruptcy a second time and closed all of its stores. According to Forbes, "the company continued to encounter too many aggressive competitors, including Zappos (a ...
Another one bites the dust! The discount shoe chain has filed for Chapter 11 protection on less than $1 billion in assets and $10 billion in liabilities.
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