RELATED: Local family growing Rose and Remington store across the U.S.
2. Gift Cards
Stores intend to accept gift cards through March 11, according to a statement from the company, upon approval from a bankruptcy court judge.
3. Coupons and rewards programs
All rewards programs and outstanding merchandise coupons have been discontinued.
4. Brookville distribution center
Payless does not have the details or timeline for when the facility will close, but the company has confirmed the facility that employs roughly 550 will close, said Brookville city manager Gary Burkholder.
“Any time an employer leaves the community, it’s a sad day,” he said.
»BIZ BEAT: Hobby Lobby plans 65 new stores this year
Collective Brands, the former owner of Payless before private equity firms Golden Gate Capital and Blum Capital Partners bought Payless in 2012, first announced it would build the 600,000 square-foot Eastern Distribution Center in May 2007.
Local officials credited the Payless facility for bringing other major projects to the area, including the $90 million Proctor & Gamble, distribution center at the Dayton Airport.
5. Other places to buy discounted footwear
Payless saw increased competition among a changing retail landscape. Some of its biggest competitors were discount retailers like TJ Maxx, Burlington Coat Factory and Marshalls that sold shoes, along with apparel, home goods and beauty products at lower-than-industry prices.
FIVE FAST READS
• Amazon pulls out of plans for HQ2 in New York
First Wayfair store now permanently open
• DP&L says scammers claiming to be from electric company
• First Wayfair store to permanently open Friday with big discounts
• Walmart hiring 125 truck drivers for area distribution center