Katie Canales/Business Insider
Unattractive shoe displays, big competition from fast-fashion brands and larger retailers, and a lack of an e-commerce presence has contributed to the end of Payless, and of an era of value shoe store shopping.
- Payless ShoeSource filed for Chapter 11 bankruptcy protection on Monday.
- This is the second time in two years that the company has filed for bankruptcy.
- The store has struggled in recent years due to big competition from fast-fashion brands like Forever 21 and larger retailers alike. Its less-than-optimal online-shopping experience has also failed to give the company an edge.
- We went shopping at a Payless location days after the company's announcement and found outdated styles and dull shoe displays.
- Here's what it was like inside.
