In 1991, Payless ShoeSource Inc. was founded.
Throughout the years, the company remained a staple in the shoe industry.
The store has reached every state and countries all over the world.
In 2006, the company had another big change, introducing a new logo that many associate with the brand today.
"This new logo is designed to amplify the new Payless brand position--to inspire fun fashion possibilities for the family," CEO Matt Rubel said at the time.
In 2011, Payless saw one of its best years, with sales at $3.4 billion.
But as online retailers become increasingly popular, Payless is set to close all of its stores in North America.
The discount shoe store was always a perfect place to shop for a great, cheap pair of shoes.
From boots to flats and sneakers to flip flops, Payless had something for every customer.
It even had great options for kids when it was back to school time.
Payless also partnered with a number of big designers to offer high end brands at lower costs.
The store also sold handbags and other accessories — all at cheap costs.
From jewelry to pillows, Payless had a wide variety of options for consumers that went beyond just footwear.