This story has been updated to clarify the 2012 acquisition of Payless ShoeSource by Blum Capital Partners and Golden Gate Capital. When Payless ShoeSource emerged from bankruptcy protection in ...

Payless ShoeSource — which was once the largest and most successful family-owned business in the country — is shutting its doors. After years of struggling and competing against online ...

Payless ShoeSource confirmed Friday that it will close its 2,100 stores in the U.S. and Puerto Rico and start liquidation sales Sunday. The company is also shuttering its e-commerce operations.

Payless ShoeSource filed for bankruptcy for the second time on February 15, with the clear intention of closing all 2,100 locations in the United States and Puerto Rico. The company also closed ...

Payless ShoeSource is heading back into bankruptcy. This time it will close its doors. The 63-year old discount shoe retailer filed for Chapter 11 bankruptcy protection on Monday, less than two ...

More store closings are coming to a mall near you. Payless ShoeSource filed for Chapter 11 bankruptcy on Tuesday. It's the latest blow to brick-and-mortar retailers, which are struggling to ...

The budget-friendly retailer emerges after filing bankruptcy protection. Good news! Payless ShoeSource is slated to make a comeback sooner than later after shuttering over 2,000 stores in North ...

Payless ShoeSource Inc. is closing about 400 of its stores, nearly 50 of them in California, as the shoe chain reorganizes its business after filing for Chapter 11 bankruptcy protection.

Payless ShoeSource became the latest major retailer to declare financial distress when, on Tuesday, the company filed for Chapter 11 bankruptcy and announced a restructuring plan that includes ...

NEW YORK (WABC) -- Shoe chain Payless ShoeSource announced Tuesday it is filing for Chapter 11 bankruptcy protection, becoming the latest retailer to succumb to increasing competition from online ...

If you have been to or walked past a Payless ShoeSource, you know it has roughly the aesthetics of an optometrist’s office. It also has the smell and carpeting of a LensCrafters, and for ...