Payless is currently owned by a group of investors led by Alden Global Capital and Axar Capital Management. Payless ShoeSource Inc. It was announced on May 1, 2012, that the company would be purchased by Wolverine World Wide, Blum Capital, and Golden Gate Capital for US$1.32 billion.

The company exited the American market when it closed the last of its 2,000-plus stores in June 2019. While the chain, which was founded in 1956, hoped to once again have a footprint in the United States, its business remained alive in international markets. Payless currently has more than 700 international stores.

Payless did not evolve with the market. The Payless private label shoe selection became less and less competitive, offering repetitive shoe offerings while other budget retailers seasonally offered up-to-date, fashionable shoes, at similar price points.

Payless - Our motto: When in doubt, buy 'em all.

Amid the fitness and sneaker crazes of the 1980s, Payless found success with its Pro Wings sneakers. Selling for just $15 to $20, the sneakers featured Velcro straps instead of laces - and with their price and practicality became a popular choice among schoolchildren. Payless ShoeSource Inc.

But it also faced profound challenges. Many malls and shopping centers were entering a death spiral, with falling foot traffic, store closings and underinvestment. People were increasingly buying shoes online, along with most everything else. Payless had underinvested in its information technology infrastructure.

A slogan is an attention-grabbing statement used to advertise or promote a brand's products and services. These phrases share the company's reason for existing and overall mission to the public. Companies use slogans to tell their consumers what they want them to associate their brand with.

Together with your logo, your business slogan is a key part of your branding that makes your product or service recognizable. The best slogans will make everything about your products a welcome advertisement, reminding your customers of the good experiences they have had with your products and your service.

Payless - Our motto: When in doubt, buy 'em all.

unpaid Adjective. payless (not comparable) unpaid quotations ▼

HOUSTON – Payless is back. The shoe retailer, which has formally dropped the name “Shoesource” from its brand name, announced in a press release Tuesday that it is opening new online retail options and new brick-and-mortar locations.

A logo can be described as images, text or shapes that work to visually represent a business. A slogan however, is a series of words that summarise the purpose of a brand or to contextualise the personality of a brand.