Business roundups: Closing Payless ShoeSource stores, CBD supplier in Lake Houston, thrift shop in Porter reopens
On Monday, Feb. 18, the footwear retailer Payless ShoeSource filed for bankruptcy and is in the process of closing 2,000-plus physical stores as well as the online one. A liquidation sale is happening; all stores will stay open until the end of March and most until May.
The Topeka, Kansas-based brand has 187 stores in Texas, three of which are in the Lake Houston area — Deerbrook Mall in Humble (20131 US-59), Market at Lake Houston in Atascocita (7405 FM 1960) and Porter (23741 US-59, Ste. 18).
“The prior proceedings left the company with too much remaining debt, too large a store footprint and a yet-to-be realized systems and corporate overhead structure consolidation,” said Stephen Marotta, the company’s chief restructuring office.
This is the second time that the company filed for bankruptcy. The mass closure will not affect stores in Latin America and the rest of the world.
Payless ShoeSource’s official website is www.payless.com.
Lake Houston American Shaman
A local CBD, or cannabidiol, provider opened on Feb. 15, and hosted a variety of CBD products including tinctures, edibles, creams, topical serums and more. The store is located at 1420 FM 1960 Bypass Rd E, Ste.106 in Humble, and its phone number is 281-725-6030.
CBD is a compound found in hemp, a variant of the cannabis plant, and according the World Health Organization “exhibits no effects indicative of any abuse or dependence potential.”
Lake Houston American Shaman’s official website is www.lakehoustoncbd.com. It also has a Facebook page (lhamericanshaman). Business hours are 10 a.m. to 7 p.m. Mondays to Saturdays.
The Village Thrift Shop
In tandem with its “New Year, New Store” message, the Porter thrift shop, located at 25428 TX-494 Loop, reopened on Friday, Feb. 1, selling an assortment of goods such as ceramics, clothings, furniture and others at lowered prices.
The store is part of the Kingwood-based The Village, a provider of “programs and services for individuals with disabilities in response to the lack of such offerings in Northeast Houston.” For more about The Village, visit villagelac.org.
The store has a Facebook page (thevillagethriftshop) where items and discounts are posted. Its phone number is 281-354-7166. Hours of operation are 10 a.m. to 6 p.m. Mondays to Fridays, noon to 5 p.m. Saturdays and closed on Sundays.