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Payless is closing the majority of its stores.
- Payless announced it's liquidating and closing all of its stores in North America.
- The company had humble beginnings in Topeka, Kansas.
- Eventually, the company spread to countries all over the world and became one of the top shoe retailers in the US.
Payless is about to meet the same fate as some of America's fallen companies.
Like Toys "R" Us, Payless ShoeSource announced it will be liquidating and closing all of its stores in the US and Canada. As sales dipped to dangerous lows and a declaration of bankruptcy came, it's easy to forget that Payless was once one of the most popular shoe retailers in the country.
Here's what Payless was like from its humble beginnings to its glory days.
