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
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