[citation needed], Interior of a Payless ShoeSource in Groveton, Virginia, Payless in Santo Domingo, Dominican Republic, Payless, operating as Collective Brands, Inc. formed a division called Collective Licensing International, LLC (CLI) in January 2004, which was based in Englewood, Colorado. In 2006, Stride Rite purchased Robeez. [27][28], Payless emerged from bankruptcy court protection in August 2017. Collective Brands Inc. - Payless ShoeSource (Main Office) - Topeka, KS. 2020: Payless emerges from bankruptcy and plans to re-launch a U.S. e-commerce site. Circa 1962–63, Volume Shoe company purchased the original Hill Brothers Shoe Company based in Kansas City, Missouriand converted all 25 of their stores to the "Payless" name. Circa 1962–63, Volume Shoe company purchased the original Hill Brothers Shoe Company based in Kansas City, Missouri and converted all 25 of their stores to the "Payless" name. 1967: The company is renamed Volume Shoe Corporation; an accelerated expansion program is launched. It also announced plans to open between 300 and 500 free-standing stores in North America over the next five years. Low price shoes for Women, Men and Kids, including, boots, sandals, dress and athletic shoes. On July 14, 2014, Authentic Brands Group acquired some assets from Payless's division Collective Licensing International, LLC. There are 337 companies in the Payless Shoesource Worldwide, Inc. corporate family. Buy a wide variety of shoes for women, men and children. ", "Report: Payless ShoeSource closing all stores after filing for bankruptcy", "Payless Files for Voluntary Chapter 11 Protection in the U.S. and Intends to File for CCAA Protection in Canada", https://www.foxbusiness.com/retail/payless-makes-comeback-with-launch-of-new-ecommerce-platform, https://en.wikipedia.org/w/index.php?title=Payless_(footwear_retailer)&oldid=988871777, Australian companies disestablished in 2016, Companies formerly listed on the New York Stock Exchange, Companies that filed for Chapter 11 bankruptcy in 2017, Companies that filed for Chapter 11 bankruptcy in 2019, Articles with dead external links from June 2012, Articles with permanently dead external links, Short description is different from Wikidata, Articles with unsourced statements from November 2017, Articles with unsourced statements from April 2019, Wikipedia articles in need of updating from September 2019, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License, U.S. and Canadian stores liquidated due to. ", that is, women and children's shoes were two pair for five dollars. [30] Payless emerged from bankruptcy on January 16, 2020, with plans to re-launch a U.S. e-commerce site. [26] The company's bankruptcy announcement was part of a trend of retail closures in 2016–2017 known as the retail apocalypse. CLI held and owned various clothing and sport brands, particularly "youth lifestyle brands" and board-sport brands such as Airwalk, Vision Street Wear, Sims, Lamar and LTD, World Snowboarding Championships, Sugarboards, Carve, genetic, Dukes, Rage, Ultra-Wheels, Hind, Spot Bilt and Skate Attack. Collective Brands, Inc. was an American holding company that owned Payless ShoeSource (footwear retailer), Robeez (shoe manufacturer) and Airwalk (shoe manufacturer). The St. Louis version of "'Hill Brothers Self Service Shoe Store'" went from 3 to 103 stores in the Midwest and South between 1956 and 1971. It was announced on May 1, 2012, that the company would be purchased by Wolverine World Wide, Blum Capital, and Golden Gate Capital for US$1.32 billion. Debtor Name Collective Brands Services, Inc. [11], On June 27, 2006, Payless announced that it was launching a new logo created to represent a more stylish, upscale and contemporary company. [1][9] Payless emerged from bankruptcy on January 16, 2020, and on August 18, 2020, Payless officially dropped 'ShoeSource' from its name, and launched its ecommerce website. Fee Amount $1717 Filed by Payless ShoeSource, Inc. Summary of Assets and Liabilities due 3/4/2019.Schedule A/B due 3/4/2019. In 2004, Payless announced it would exit the Parade chain and would close 100 Payless Shoe outlets. 1956: Pay-Less National is founded in Topeka, Kansas, by two cousins, Louis and Shaol Pozez, to open self-service stores selling budget footwear. [needs update] Prior to the bankruptcy, heavily loaded with debt due to a private equity buy out, the company's credit rating was downgraded by Moody's. 1979: Volume Shoe is acquired by the May Department Stores Company. [18] On August 18, 2020, Payless, officially dropping 'Shoesource' from its name, did relaunch its ecommerce website. Debtor Name Payless ShoeSource Worldwide, Inc. Feb 18, 2019: 1 Petition Chapter 11 Voluntary Petition Non-Individual, Schedules and Statements. As a result, Payless ShoeSource and Collective Licensing International operate as a private, standalone entity known as Payless Holdings. Payless Shoesource Worldwide, Inc. has 19000 total employees across all of its locations and generates $161.06 million in sales (USD). Payless Shoesource Worldwide, Inc. has 19000 total employees across all of its locations and generates $161.06 million in sales (USD). In 1971, Volume Shoe obtained the second Hill Brothers Shoe Store chain that was started in St. Louis, Mo in 1956 by Al Melnick and Sol Nathanson with the assistance and aid of the original Hill Brothers in Kansas City. Learn More. : 43-164688400 attn: todd olson email: todd.olson@payless.com tel: … In 2019 North American stores including their e-commerce platform filed for bankruptcy.