Payless ShoeSource
PE-Owned1 Documented ImpactShoe retailer bankrupted twice under PE ownership (Blum Capital, Golden Gate Capital). Closed 2,500+ stores
Timeline
Payless ShoeSource founded
Payless ShoeSource bankrupted twice, closing 2,500+ stores under PE ownership
PE owners Golden Gate Capital and Blum Capital extracted dividends while loading Payless with debt, leading to two bankruptcies and the closure of nearly all stores. 16,000+ workers lost jobs.
Before vs. After PE Acquisition
Stores closed
Reported 2019
Before PE
4,400 stores
After PE
0 (liquidated)
↓ 100%
Community Reviews
Share your experience →Tracked Locations
CA (1)
San Diego
3648 Main St
San Diego, CA 92101
555-705-9296
GA (2)
Atlanta
6957 Main St
Atlanta, GA 30301
555-125-4891
Atlanta
6094 Main St
Atlanta, GA 30301
555-578-4219
MN (1)
Minneapolis
9619 Main St
Minneapolis, MN 55401
555-906-1911
NC (1)
Charlotte
6020 Main St
Charlotte, NC 28201
555-848-4021
NY (1)
New York
3676 Main St
New York, NY 10001
555-210-2295
PA (1)
Pittsburgh
8249 Main St
Pittsburgh, PA 15201
555-283-3377
TN (2)
Nashville
7203 Main St
Nashville, TN 37201
555-884-5512
Nashville
1699 Main St
Nashville, TN 37201
555-507-1601
TX (1)
San Antonio
503 Main St
San Antonio, TX 78201
555-735-5387