Payless ShoeSource, a once-popular seller of inexpensive women’s footwear and a staple in many suburban shopping malls, is closing all of its American stores.

The company said on Saturday that it would begin liquidating all 2,100 of its stores in the United States, including Puerto Rico. Payless is also winding down its online business.

The retailer, which filed for bankruptcy two years ago, had already closed hundreds of stores in recent years as its brand lost luster among women searching for deals on shoes. It is the latest mass-market retailer to vanish from the retail landscape.

The liquidation of Payless, based in Topeka, Kan., is another example of how bankruptcy has helped retailers shed their debt, but it has not helped many of them restructure their businesses and regain sales.