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


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

- - Volume: 8 - WEEK: 35 Date: 8/25/2020 6:50:36 AM -

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.

...more