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Payless shoesource biography


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    Payless (footwear retailer)

    American discount footwear company

    FormerlyPayless ShoeSource Inc.
    Company typePrivate
    IndustryShoes, socks, accessories
    Founded1956; 69 years ago (1956)
    FoundersLouis and Shaol Pozez
    FateU.S.

    and Canadian stores liquidated in 2019 due to Chapter 11 bankruptcy
    Relaunched in August 2020

    Headquarters735 NE 125th St, North Miami, Florida, United States

    Number of locations

    		3,500+ (40 countries) (2018)[1]

    Area served

    		30+ countries (2019)

    Key people

    		Justo Fuentes (CEO)
    RevenueUS$3 billion (2017)[2]

    Net income

    		−US$149.8 million (FY2012)
    Owners

    Number of employees

    		18,000 (2017)[2]
    Websitewww.payless.com

    Payless ShoeSource Worldwide, LLC[3] (formerly known as Payless ShoeSource Inc.), is an American multinational discount footwear chain.

    Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately