If you haven’t heard the news yet Payless ShoeSource is closing all of their locations in the U.S. and Puerto Rico! What does that mean? Unfortunately lots of job loss but also lots of clearance items! It looks like most of them will start the liquidation process now. This is not the first big retailer to announce their closing down this year so make sure you’re keeping up with what’s going on and you’ll keep you updated as well.

As for now make sure you’re watching your local Payless ShoeSource for mark downs. As of right now there won’t be an huge price drops but we’ll see more as it gets closer to closing (they’re predicting most stores will remain open until at least the end of March with most staying open until May). Also all online orders have stopped so you’ll need to head in-stores to score any deals.