Payless Shoesource was founded by Louis Pozez and his cousin, Shaol Pozez, in the year 1956. The first Payless Shoesource store was located in Topeka, Kansas.
Payless Shoesource was created specifically to provide affordable, high-quality footwear in a self-service format that allows customers to shop at their own pace. By using this format, Payless Shoesource is able to limit the amount of staff members needed per store, thus maintaining low prices for customers. Payless Shoesource has grown significantly since its founding. It operates thousands of stores located within the United States, and it also has franchised stores in Asia, the Middle East and Eastern Europe.