Revitalized Payless to open 300 to 500 stores during next five years

Payless is back in business in North America — with a modified name and big store expansion plans.

The discount footwear retailer, which filed for bankruptcy protection in February 2019, and went on to close its 2,500 stores and e-commerce operations in North America, has reentered the market. Formally dropping "Shoesource" from its brand name, Payless has launched a new e-commerce platform featuring private label and brand names and has a new retail prototype in the wings.

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RSK: Yes Karen, there is life after bankruptcy! Possibly even a better life.