Payless to close 12 Houston-area stores, 378 total U.S. stores

HOUSTON - Payless ShoeSource will be closing a total of 378 stores across the U.S., including 14 Houston-area locations.

The closures come after the discount footwear chain sought bankruptcy court protection on Tuesday.  

Payless filed a Chapter 11 reorganization petition in U.S. Bankruptcy Court in Missouri that said the company has as much as $1 billion in assets and up to $10 billion in liabilities, along with more than 100,000 creditors.

An announcement by the privately-held company said Payless would "optimize its store footprint, with the immediate closure of nearly 400 underperforming locations in the U.S. and Puerto Rico."

The company currently operates about 4,400 stores in 30 countries, including the U.S.

The following are the Houston-area locations that will close immediately: 

9405 Jensen Drive - Houston, Texas

Telephone Road SC - Houston, Texas

Pearland Parkway Village - Houston, Texas

The Crossing At Fort Bend - Houston, Texas

Hearthstone Corners - Houston, Texas

El Dorado marketplace - Friendswood, Texas

4605 Avenue H - Rosenberg, Texas

11003 1/2 Market Street Road - Houston, Texas

9417 Mesa Drive - Houston, Texas

2219 Fulton Street - Houston, Texas

Spencer Shopping Center - South Houston, Texas

Fiesta Shoping Center - Houston, Texas

© 2017 KHOU-TV


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