Thursday, January 16, 2020

Payless emerges from bankruptcy with US growth plan, store reopenings

New York Post
Payless ShoeSource — once America’s most ubiquitous discount shoe retailer — is planning a comeback.

The budget chain is emerging from bankruptcy protection on Thursday with plans to reopen some of the 2,100 stores that it had shuttered last year in the US.

Known for its affordable shoes, boots, sandals and accessories, Payless execs declined to say how many stores it might open in the US, where it once operated as many as 2,500 stores.. . . more