--- title: Payless Shoes Wants to Close 800 Stores This Year description: Payless Shoes has struggled with debt and entered bankruptcy in April 2017. Now Payless has plans to close 800 stores, mostly in the U.S. authors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Business - Banking - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2017-06-01T17:22:06.000Z' modified: '2024-05-16T12:27:55.000Z' section: Business tags: - malls - online shopping - payless - Retail - shoes - Shopping word_count: 203 canonical: https://money.com/payless-shoes-closing-bankruptcy/ type: Article source: structured-blocks --- > **Disclosure:** Money may earn a commission when you click on the products and services below. Opinions are our own, but compensation and in-depth research determine where and how they appear. [Learn more](https://money.com/page/disclaimer/) about how we make money. ![Payless Shoe Source Footwear Retail Store Front with Logo Sign](https://img.money.com/2017/06/paylessstoresclosing-em-459232949.jpg) One out of every five Payless shoe stores could close this year. The discount shoe retailer has struggled with debt for months, and [entered bankruptcy in early April](http://fortune.com/2017/04/04/payless-bankruptcy-2/) with plans to shutter roughly 400 stores, nearly all of them in the United States. Now the chain is asking a bankruptcy judge if it can close another 400 locations, bringing the total to about 800 -- or 20% of the 4,000 stores it operates. The list includes three locations in Hawaii, 11 in Connecticut, 13 in Louisiana, 17 in Arizona, 17 in New Jersey, 18 in Michigan, 39 in Florida, and a whopping 117 stores in Texas and 132 in California. [*USA Today* listed](https://www.usatoday.com/story/05/31/payless-shoesource-discount-shoes-store-closings/102342766/) all the Payless locations that look like they will be shuttered in 2017, so check it out if you're wondering if your mall's Payless could soon disappear. Payless is one of many brick-and-mortar-based retailers struggling to keep sales up in the age of Amazon -- and, more broadly, convenient, low-price online shopping. Retailers such as [Office Depot, Barnes & Noble, Children's Place, Sears, and Walgreens](https://money.com/stores-closing-in-2016/) closed hundreds of stores last year, and retail experts say that up to one-third of American [malls are likely to close](https://money.com/shopping-malls-closing/) in the near future. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/payless-shoes-closing-bankruptcy/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Business", "item": "https://money.com/business/" }, { "@type": "ListItem", "position": 3, "name": "Retail", "item": "https://money.com/retail/" }, { "@type": "ListItem", "position": 4, "name": "Payless Shoes Wants to Close 800 Stores This Year" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/payless-shoes-closing-bankruptcy/#webpage", "url": "https://money.com/payless-shoes-closing-bankruptcy/", "name": "Payless Shoes Wants to Close 800 Stores This Year", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2017-06-01T17:22:06.000Z", "mainEntity": { "@id": "https://money.com/payless-shoes-closing-bankruptcy/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/payless-shoes-closing-bankruptcy/#breadcrumb" }, "dateModified": "2024-05-16T12:27:55.000Z" }, { "@type": "Article", "headline": "Payless Shoes Wants to Close 800 Stores This Year", "articleSection": "Business", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2017/06/paylessstoresclosing-em-459232949.jpg", "width": 4288, "height": 2848, "caption": "Payless Shoe Source Footwear Retail Store Front with Logo Sign" } ], "author": [ { "@type": "Person", "name": "Brad Tuttle", "url": "https://money.com/author/brad-tuttle/", "@id": "https://money.com/author/brad-tuttle/#author", "description": "Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.\r\n\r\n", "image": "https://img.money.com/2014/01/Brad-Tuttle.png?w=226&h=247&crop=1", "alumniOf": "Columbia University School of Journalism, MS", "sameAs": [ "https://twitter.com/bradrtuttle", "https://linkedin.com/in/brad-tuttle-834b225" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2017-06-01T17:22:06.000Z", "description": "Payless Shoes has struggled with debt and entered bankruptcy in April 2017. 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