Payless ShoeSource
Shoe retailer bankrupted twice under PE ownership (Blum Capital, Golden Gate Capital). Closed 2,500+ stores
- FOUNDED
- 1956
- IMPACTS
- 1 documented
- WEB
- payless.com
Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
Payless ShoeSource founded
Payless ShoeSource bankrupted twice, closing 2,500+ stores under PE ownership
CriticalClosure / BankruptcyPE 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 / After
Stores closed
reported 2019
before 4,400 stores
after 0 (liquidated)
-100%
Community Reviews
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Tracked Locations
CA · 1
3648 Main St
San Diego, CA 92101 · 555-705-9296
GA · 2
6957 Main St
Atlanta, GA 30301 · 555-125-4891
6094 Main St
Atlanta, GA 30301 · 555-578-4219
MN · 1
9619 Main St
Minneapolis, MN 55401 · 555-906-1911
NC · 1
6020 Main St
Charlotte, NC 28201 · 555-848-4021
NY · 1
3676 Main St
New York, NY 10001 · 555-210-2295
PA · 1
8249 Main St
Pittsburgh, PA 15201 · 555-283-3377
TN · 2
7203 Main St
Nashville, TN 37201 · 555-884-5512
1699 Main St
Nashville, TN 37201 · 555-507-1601
TX · 1
503 Main St
San Antonio, TX 78201 · 555-735-5387