Payless

The Paris Payless ShoeSource, in Paris Towne Center, has posted its countdown to its final day. On Friday, the sign said it was in its last 10 days.

The Paris Payless ShoeSource store has started its countdown to its final closing day. 

On Friday, a store window poster stated that the location is in its last 10 days.

In late May, the Payless corporation announced that all Payless ShoeSource stores in the U.S., including the one in Paris, would wrap up their “going out of business” sales this month.

The local store in Paris Towne Center at 3562 Lamar Ave. joined 664 others on a list of still open stores that will be “closing on a rolling basis through June,” Payless announced on its website.

“We hope our loyal fans in North America will take advantage of the opportunity to browse the Payless aisles for your perfect fit at a perfect price one last time,” the website states. “Our liquidation sales will continue to run through the end of June 2019, during which we are offering amazing deals at up to 75% off.”

The Paris store has been offering a "going out of business sale" since February, when Payless Corporate announced its plans to liquidate its U.S. business.

The Associated Press reported in February the Topeka, Kansas-based chain was shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that closed down in the last year.

The debt-burdened chain filed for Chapter 11 bankruptcy protection in April 2017, closing hundreds of stores as part of its reorganization.

At the time, it had over 4,400 stores in more than 30 countries. It emerged from restructuring four months later with about 3,500 stores and eliminated more than $435 million in debt, the Associated Press reported.

The company in February said in an email the liquidation doesn’t affect its franchise operations or its Latin American stores, which remain open for business as usual. It listed 18,000 employees worldwide at the time.

Klark Byrd is the managing editor of The Paris News. He can be reached at 903-785-6960 or klark.byrd@theparisnews.com.

Klark Byrd is the managing editor of The Paris News and the editor of Paris Life Magazine. He resides in Paris with his wife, Krystle, and their three children, Charlie, Annalise and Willow.

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