Illinois Payless Stores To Liquidate

ILLINOIS —Payless will begin liquidation sales at its U.S. stores on Sunday, a company spokesperson said.

“We expect all stores to remain open until at least the end of March and the majority will remain open until May,” the spokesperson said in a statement. Liquidation sales will begin on Feb. 17.

Reuters reported on Friday that the discount shoe retailer plans to close all of its U.S. stores as part of a bankruptcy filing later this month.

The closings would affect about 2,300 U.S. stores and the company is preparing for going-out-of-business sales at the locations, according to the Reuters report. Sources told Reuters that a buyer could still crop up.

Payless currently operates over 2,700 stores in North America and Puerto Rico, including dozens in Illinois.

The Chicago-area Payless locations are:

• Hillcrest Shopping Center, Crest Hill
• Louis Joliet Mall
• Downers Park Plaza, Downers Grove
• Westridge Court, Naperville
• 1107 Brook Forest Ave., Shorewood
• Fox Valley Mall, Aurora
• Orland Square Mall
• Yorktown Center
• The Quarry Shopping Center, Hodgkins
• Oswego Commons
• Brookside Marketplace, Tinley Park
• Chicago Ridge Mall
• Oaklawn Promenade, Oak Lawn
• Rivercrest Center, Crestwood
• Brentwood Commons, Bensenville
• Aurora Commons
• 4101 W. 95th St., Oak Lawn
• 5892 S. Archer Ave., Chicago
• North Riverside Park Mall
• Ford City Mall, Chicago
• 154 Towncenter Road, Matteson
• Bloomingdale Court
• Marshfield Plaza, Chicago
• 1234 Winston Plaza, Melrose Park
• Stratford Square, Bloomington
• Cicero Market Plac
• Kedzie Plaza East, Chicago
• Park Place Plaza, Homewood
• The Yards Plaza, Chicago
• Sugar House Center, Chicago
• Cermak Court, Chicago
• Ryan Garfield Shopping Center, Chicago
• Chatham Village Square, Chicago
• Mallard Crossing, Elk Grove Village
• Norridge Commons
• Harlem Irving Mall, Norridge
• 4024 N. North Ave, Chicago
• Hall Plaza Shopping Center, Chicago
• Westfield Commons, Streamwood
• River Oaks West, Calumet City
• 16745 Torrence Ave., Lansing
• Woodfield Mall, Schaumburg
• 13 N. State St., Chicago
• Golf Plaza II, Mount Prospect
• 3401 W. Lawrence Ave., Chicago
• Village Crossing, Skokie
• 4772 N. Lincoln Ave., Chicago

As part of a bankruptcy filing in 2017, Payless closed nearly 700 stores, including 13 in Illinois.

Payless did not immediately respond to a request for comment.

News of the potential store closings comes as another big retailer, Sears, narrowly escaped going out of business. Earlier this month, a bankruptcy judge approved a $5.7 billion bid to keep the business operating.

You can read the full Reuters report here.

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