Don't miss a deal!

Subscribe to our newsletter.

Payless ShoeSource Filing For Bankruptcy & Closing Nearly 400 U.S. Stores

Hip2Save may earn a small commission via affiliate links in this post. Read our full disclosure policy here.

Payless ShoeSource

Heads up Payless Shoppers!

Payless ShoeSource just announced on Tuesday that they are filing for chapter 11 bankruptcy.  This is due to a decline in foot-traffic in their stores.

“This is a difficult, but necessary, decision driven by the continued challenges of the retail environment, which will only intensify,”
-Payless CEO W. Paul Jones

Payless also announced that it will close nearly 400 stores in the United States. It currently has more than 400 stores in over 30 countries.

What are your thoughts on this news?


Jessica has been writing for 4+ years and lives at home with her husband and 2 fur babies.


Join The Discussion

Comments 58

  1. Anne

    This doesn’t surprise me. While they’re a good option for cheap kids shoes, they don’t have enough variety for adults. Hate to see it, though.

  2. Laura

    Cheap low quality shoes. I’m surprised they lasted this long

  3. Misty

    I am so sad to read this! Ugh!

  4. Nurse Heather 💉

    $4400 stores 😸

    • Rachael

      Why did you feel the need to correct the typo? You knew exactly what she intended.

      • Veronica

        Wow, it’s now “trolling” to correct someome’s mistake? I see that happening on a post almost every day. Must be a lot of trolls out there.

        • Sue

          If they are correcting something silly then they are a troll. Look at all the dumb short cuts people write. Those are all silly and could be corrected. Why sit down and be critical of people’s typos? It is not worth the effort. People should be understanding and caring and ignore simple mistakes. Who wants every flaw or mistake pointed out?

      • Mel

        No matter how many eyes are proofreading, it’s easy to overlook something, so I’m sure Collin & team appreciate it, so they can correct the typo! Sarcasm & LOL moments are definitely lost on the internet nowadays.

    • april c

      Its 400 stores closing. They own 4400 stores. The hip2save post is right.

    • hydrangeacafe

      The responses to this post are a bit harsh. People post corrections on this site all the time without judgement. And she is most likely referring to the typo at the end of the post.

      • Danielle

        Agree. Not the first time here and surely wont be the last. Successful businesses know how important grammar and correct facts are to the audience. Just like rhe site gets most of the deals from readers the above post was pointing something out for the benefit of others. Stop judging so much!

      • Jade

        I really hate seeing name calling on this site. One thing I love about this site is the positive people it attracts. Please leave the name calling for Yahoo articles.

  5. Rachael

    They have the ugliest shoes! I used to shop there all the time but now I don’t even consider going there.

    • Allison

      I agree. Ours is one of the stores closing. While I’m sad for the few losing their jobs, they haven’t had anything worth buying in ages. One more empty storefront in our sorry excuse for a mall 🙁

  6. Tati

    I hate to hear any of this all to often news these days…..but the companies bite themselves in the foot when they make it cheaper to shop online on their own websites….payless used to be cheaper to shop on their website just as childrens place is now…..in store they do not run the same deals and are at least twice as expensive then buying from their website….mix cheaper prices with no hassle shipping….equalls brick and mortar closings

    • A.Rich

      Agree!

    • M

      Agreed.

    • Laura

      I agree Tati. And many stores don’t offer their own web price matching, on top of not running the same promos as online. Of course people r gonna opt rovers shop online. It is sad so many box stores are closing.

    • Jade

      I agree with you as well. Plus it’s easier to use coupons online, store associates often times give me a hassle.

  7. Stefanie

    A decline in “foot traffic”… lol. Sorry to hear this though!

    • Holly

      Lol.

    • Metronoma

      Hehehe

  8. Tracy

    I rarely buy shoes online. I always like to buy in store. Just so I can try everything one. But they don’t have very good quality shoes. They might have good sales at time but I would rather go to kohls and get a discount and cash back for another purchase or something.

    I don’t understand how so many stores like this want to open so many location so close to each other.

  9. Desiree

    I happen to like Payless shoes. I have hard to fit feet and they have good sales when I find something cute. I have had zero quality issues. My kids wore their shoes for years. It was within my budget.

  10. Mia

    This is sad for me. I wear a size 12 women’s shoe and they are one of the few places I can consistently find my size.

    • hahn

      I’m with you! I don’t live close to one but I always check them out when near one because I wear 11 and most stores do not go past 10!

    • Jamie

      Same here! Size 12 is hard to find and they always had some in stock. Although smaller selection than other sizes, I just appreciated that they had them!

  11. Ihearthip

    I’ve found some quality brands there on shoes, and also with handbags. Not designer, but fine for as much as I would wear them. At times it has been really convenient for me to run in if I needed shoes to match an outfit.

  12. Ashley

    Well this is sad. This is the only place I can find size 12 and 13 women’s shoes. Any body have ideas where else to get size 12 and 13 women’s shoes?

    • M

      Shoebuy.com

    • sabrina

      DSW

    • Cassandane

      Zappos. Nordstrom & Nordstrom Rack, even in store. Long Tall Sally. eBay (many retailers sell there, too) I wear a 13 🙂

    • Kim W.

      Nordstrom Rack and 6pm.com are my go-tos for women’s size 12 shoes.

  13. Katie

    I wish they would rebrand and become a cheap kid shoe store! It is the only place that I can find cute, hard sole infant shoes for walking! (That are not crazy over priced!) 🙂

  14. momof7

    🙁 We’ve had great luck with their girls sandals and dress shoes. And they sell half sizes which many places,like target, often don’t.

  15. M

    I thought they had gotten expensive for the quality over the past few years.

    • Tara

      Totally agree, cheaply made shoes and the prices went sky high!

  16. Amy

    Saw this on my local news and ours is closing. I honestly haven’t been there in years. Unless you find a sale or clearance their prices are high for the quality you get. if you shop sales and clearance at stores that carry better brands you can find much higher quality for the same price.

  17. Cindy b

    Hi i wear a size 11 shoe. My go to stores are macys and younkers (bon ton). Maybe they carry larger sizes as well?

  18. Pinky

    They use to be my go to for cheap shoes you plan to only wear one season. However, their prices have gotten fairly expensive over the last few years. 20 for a pair of kids shoes that are not made well is not a good deal. Better deals on name brands at the department stores when paired with a sale.

    • Metronoma

      I totally agree with you!
      Their shoes really aren’t that cheap, just cheaply made.

  19. Tricia H

    I hate to hear this. I have a hard time finding cute wide width shoes for a reasonable price anywhere but Payless. Hopefully we will still be able to shop online.

  20. Sheba

    Free 20 standard page 8×8 hard cover photo book shutterfly: KH99-CRNP-ZDVW-SPK6E6

  21. Raedev

    Rip payless you were a good shoe store. I have many fond memories with you..lol but really though..😳

  22. tanyam

    I love Payless and will be sad to see it go. I am always able to get a great deal with their coupons and staff is super professional and helpful at every store I have ever been to. Real bummer!

  23. A.Lee

    I’m not surprised. They have terrible online and in-store fulfillment and inventory issues. They haven’t kept up with the changing times for discount footwear and so this is what happens.

  24. StephB

    Well I for one love Payless and shop there often for myself and my children. I’m very sad to see they are closing. ☹️

  25. YG

    I used to love payless shoes then one day I hurt my back wearing one of their shoes due to lack of support. My PT told me to stop wearing it. Never buy another pairs since. The PT costs me too much. Lol

  26. Vee

    Never once walked out of Payless feeling like I paid less smh

    • gilly

      The best comment

    • Elvira

      Lol!

  27. B

    Hoping it doesn’t effect our community too much. I live in Topeka, KS where the Payless headquarters is located and would hate to see people lose their jobs

  28. Jessica

    Sad to hear this! I’m hoping ours isn’t closing. Our KMart just closed last week and our hhgregg is closing Monday. Ugh!

  29. Paul

    My nearest location already closed down. Even though it’s just up the street, next to Walmart, I didn’t even notice. But, there is still one, about. 5 minutes further away. So, no great loss. At least, they have lasted longer than ShoeTown. Anyone else remember that store? When I was a kid, the two big cheaper shoe stores were Payless and ShoeTown. Apparently, the biggest cheaper shoe store is now Walmart. It’s kinda funny that I never see anyone, in the Walmart shoe departments, either. I guess, cheap shoes are now yesterday’s news.

  30. ANDREA MARTIN

    Looks like Amazon destroyed another retailer. Its time we started supporting our retail stores, lots of jobs get lost each time these businesses close. My mall has more closed stores that operating businesses, its very sad.

  31. lvillotta1

    I really like Payless for my kids shoes. I always use coupons to bring the cost down. I bought all my kids shoes there throughout the years and continue to buy all their seasonal shoes there. I have also bought many sandals and flip flops for the season too. I also have had great luck online. We only have 1 store closing, but for us they have been a big money saver for our budget.

  32. holly

    Right when I placed an order online, this info came out! lol, oh well.
    All large businesses go through some sort of financial woes. Through the years, I’ve encountered more badly constructed shoes at Payless yet the cost goes up. But I still find myself skimming through their website every so often. And I’m a fan of Christian Siriano!

  33. haleslll

    I wait for the Stride Rite 19.99 clearance sales for sneakers. Dress shoes come from secondhand or consignment shops- they wear them 3 hours a week! Same goes for snow boots, water shoes, etc. I will spend money for durable sandals for my kids (we like to go hiking and such), but I’m yet to find a good brand to stick with. All this to say I don’t really have a need for low quality yet still pricey shoes. I agree with others that they could possibly rebrand/rework their product and be a children’s shoe store.

Leave a Reply

Your email address will not be published. Required fields are marked *

It's not your Grandma's coupon site!

Sign up for a Hip2Save account (it's free) to access all of the awesome features!

Forgot Password?

Don't have an account? Register

Forgot Password

Don't have an account? Register

Become a Hip2Save Insider

Don't Miss Out! Join our large community of insiders - it's totally free! Once you join, you'll be able to save & share your favorite deals, rate posts and recipes and add items to your HipList and Cookbook! What are ya waiting for?!

Already have an account? Login

Become a Hip2Save Insider

Don't Miss Out! Join our large community of insiders - it's totally free! Once you join, you'll be able to save & share your favorite deals, rate posts and recipes and add items to your HipList and Cookbook! What are ya waiting for?!



Already have an account? Login

Thank you for rating!

Would you also like to leave us a comment?