Global InformationPayless Cashways information
Trade name |
|
|---|---|
| Company type | Public |
Traded as | NYSE: PCS[1] |
| Industry | Retail |
| Founded | 1930 |
| Founder | Sanford Furrow |
| Defunct | September 10, 2001 |
| Fate | Liquidated |
| Headquarters | Kansas City, Missouri[1] , United States |
| Products | Building materials and home improvement products |
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.
Payless Cashways differed from modern home improvement retailers in that they utilized a fully functional outdoor lumber yard. Customers would purchase materials inside the store and upon payment, would drive their vehicle into the lumber yard area and give their order ticket to an attendant. Prior to filing for bankruptcy protection, Payless Cashways operated 194 stores across 22 states.[2]
- ^ a b "Form 10-K November 30, 1996". U.S. Securities and Exchange Commission. Payless Cashways. November 30, 1996.
- ^ "Payless Cashways Files for Chapter 11 Protection". New York Times. July 22, 1997. Retrieved May 3, 2012.