Payless Is Launching A Comeback With Up To 500 New Stores
It's been a year and a half since word came out that Payless Shoesource would be shuttering all of its brick and mortar operations after filing for bankruptcy.
Most of the time with stories like this, we hear about the bankruptcy filings, the stores wind down their operations, and that's the end of the road.
But, in a somewhat unexpected announcement, the footwear retailer just dropped some big news saying that they'll be ramping operations back up with a new e-commerce site, hundreds of new stores, and a new identity.
Dropping the "Shoesource" part of the name, the chain will now be known simply as
The announcement said that their e-commerce store is already up and running, and the first of the new stores will be a flagship location in Miami.
Prior to the early-2019 bankruptcy, there were nearly two dozen Payless Shoesource locations in New Jersey, including a number of Ocean County stores with locations in Brick, Toms River, Lakewood and Lacey Township.
While the relaunch announcement dropped a pin on Miami for one of their new stores, they didn't specify where the other new stores will be opening.
They're expecting a lot of them, though, and they're committing to a multi-year process, saying that we can expect to see, "300-500 free standing stores across North America over the next five years".
As we hear more about exactly where new Payless locations will open, we'll be sure to keep you updated on whether we'll see any here at the Jersey Shore or not.