Shortly after learning that RadioShack is basically now a thing of the past, yet another long running retailer has come out with a long list of store closures. Payless Shoesource is that retailer and they are planning to close the doors forever to as many as 800 of their stores.
Positive news is that the recently released Payless store closure list shows no store closures in Idaho. However, Washington hasn't been so lucky with a total 14 stores statewide on the closure list and of those 2 locations are in Spokane.
The 2 Spokane Payless store closures are-
Northpointe Plaza 9762 N. Newport Hwy. Spokane
Shadle Park Shopping Center 2401 W. Wellesley Ave. Spokane
There is also good news in that Payless Shoesource will still ( for the time being at least ) be open for business in the Inland Northwest. Payless has 3 stores in the Spokane area that are to stay in business and another 3 in Kootenai County that are not included.
All of these store closures are a direct result of Payless ShoeSource filing for bankruptcy a few weeks ago. Payless Shoesource is the largest footwear only retailer in the nation, with a corporate HQ in Topeka,KS. it even now is a large company with the company reporting 4400 stores world wide ( before the closure lists we're announced however, so now 3600 ) . It has been considered one of many brands that "over stored" themselves like we've seen before with Rite Aid and appear to be staring to see with Subway.
Payless Shoesource also sells their products online via-
http://www.payless.com
