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In 1979, Volume Shoe was acquired by The May Department Stores Company. [11] Payless bought Picway Shoes from the Kobacker department store chain in 1994. [12] In 1996, May spun off Payless to shareholders, making it once again an independent, publicly traded firm. Payless acquired the mid-priced shoe chain Parade of Shoes from J. Baker, Inc ...
Payless Cashways. Payless Cashways was a building materials retailer based in Kansas City, United States. The company primarily operated during the 1980s and 1990s, and is considered among the first national chains to implement the DIY strategy. The company experienced financial difficulties during the late 1980s.
Once Payless of Tacoma declared bankruptcy in 1991, the company was merged with the existing Payless stores from the other company and the Value Giant name was removed for the existing stores. Early photos of a Payless Drug Store under the ownership of L.J. Skaggs are currently on display at the Albany Regional Museum in Albany, Oregon .
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Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. [1] At the time ...
Another one bites the dust! The discount shoe chain has filed for Chapter 11 protection on less than $1 billion in assets and $10 billion in liabilities.
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