Payless is back in time for the new school year with a new website, a new name and plans for hundreds of bricks-and-mortar stores.
After emerging from bankruptcy for the second time in January 2020 and shuttering its remaining U.S. stores in June 2019, the footwear retailer's new website is live at Payless.com. The comeback was first announced in January.
The company announced in a news release Tuesday that it also dropped "ShoeSource" from its name and is opening its first prototype store in Miami, Florida, home of its new headquarters.
Payless plans to open between 300 to 500 free standing stores over the next five years and has 700 international stores including 298 franchise and 412 Latin and Central America locations that weren't affected in bankruptcy.