Retail landlords Westfield and Centro hit hardest by Payless administration

The uncertain Payless Shoes future – following last Friday's voluntary administration – will likely impact on landlords, with Centro and Westfield the hardest hit.

Westfield is the landlord of 30 outlets of the discount shoes company. The plurality of these, 13 stores, are in NSW.

There are another six outlets each in Victorian and Queensland Westfields, along with two each in the ACT and Western Australia and one in South Australia, as currently listed on the Payless Shoes website.

Centro Centres has 14 NSW Payless Shoes stores, followed by 10 in Victoria, six in Queensland, three in Western Australia and one each in South Australia and Tasmania.

NSW was the dominant location of all the 234 stores with 105 Payless Shoes outlets.

Second was Queensland with 54 stores; Victoria third with 44, followed by 15 in Western Australia, seven in Tasmania, five in South Australia and only four in the ACT.