largest independent shoe retailers in Australia will close more than 130 stores in the country and to go out more than 700 staff and this will happen in February 2017. When the company was estimated into volitional management last month, Payless Shoes had more than 850 employees and annual sales of just about $75 million. Payless Shoes Australia opened its first store in Sydney in 1980. It was acquired in March 2013 by Payless Shoe Source based in Kansas in the US. selling the business in the exact time method would be the best opportunity to conserve the business and give permission to continue in the future.