They may fold like Wet Seal a few weeks back - no cash. Mall traffic dropping. Everyone closing stores. I'd hate to own property in malls now.

After massive layoffs at the corporate office, now we have massive store closures for Payless. And 2017 is just starting. I am not sure what the overall number of locations that will be closed is but we'll see a major contraction and a lot of people... — read more 

How reliable is this? Can I trust it? In that case I'd move on.

What's the most recent update on possible closing for Greensboro Payless location> The rumor is they have layoffs in corporate and that some stores may be closing.

Well.....the world is changing and retailers are in the midst of figuring out how to respond to the change. Stores are closing, a lot of them, Payless will be closing stores for sure. I'm 50 ish and I remember the days when shopping was an outing... — read more 

There are multiple rumors that Payless ShoeSource will be closing many, many stores in 2017. The word on the street is that up to (or over) 1,000 Payless Stores may be closed. They are running out of cash and the creditors are getting nervous – if... — read more 

Or are they switching to that new concept of a superstore that will have a huge offering. But many smaller stores will close?

Probles? Yes, people do not like working there as they do not pay well. Payless ShoeSource used to be much better, but that's only my opinion and nobody cares. Are they gonna close? Not sure but I wish them all the best regardless. I would like... — read more 

Are they going to keep all three Colorado Springs locations? Or are they planning to eliminate some of them and close the shop? What are your thoughts?

Payless plans to close between 350 and 500 stores within the next three years. The main idea is to open a super store. This will give them competitiveness with the DSWs.

The store in the mall is closing November 20, 1016