Payless Shoesource Closing All US Stores, Including Duluth Miller Hill Mall Location
Payless Shoesource announced on Friday it will be closing all of their locations in the United States and Puerto Rico, which encompasses 2,100 stores. The company has already discontinued online sales via their website. While Payless.com is still active and does list products, online orders cannot be placed. On any product page, users are directed to the company's find a store page.
USA Today reports that a liquidation sales at stores company-wide will start as early as Sunday (February 17). Company officials told the USA Today that they anticipate stores will remain open through March, with many stores possibly open through May. The company does have a division of stores in Latin America, which the company says won't be impacted by these closures.
According to a press release from September, the company has more than 3,500 stores worldwide, and the U.S. and Puerto Rico closures will account for roughly 60% of the company's total "brick and mortar" retail footprint around the globe. CNN reports that the company could file for bankruptcy for a second time since 2017 sometime later this year.
Just days after news that the Miller Hill Mall would be losing the Hallmark Store, this announcement deals another blow to the number of standing tenants at the mall. This announcement impacts a total of three Twin Ports area locations, with a standalone store in the Miller Hill Mall, and retail offerings also in the Duluth and Two Harbors Shopko stores.