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Payless ShoeSource Inc

Payless emerges from bankruptcy with eye on US growth

17 January 2020 | Beth Wright

Footwear retailer Payless ShoeSource has emerged from Chapter 11 bankruptcy protection with a new executive management team, a pledge to strengthen relationships with vendors and suppliers, and a goal to return to the US.... read more


Payless gets green light on North America store closures - Update

22 February 2019 | Hannah Abdulla

Payless ShoeSource is to start winding down its North American business and its e-commerce operation after receiving approval from the US Bankruptcy Court for first day motions related to its Chapter 11 Bankruptcy protection filing. A&G Realty Partners has been retained to manage the sale of 2,587 Payless store leases across the US and Canada.... read more


Payless ShoeSource to close all US stores amid second bankruptcy

19 February 2019 | Beth Wright

US footwear giant Payless ShoeSource has filed for Chapter 11 Bankruptcy Protection for the second time in less than two years, in a move that will see it liquidate all 2,500 of its stores in the United States.... read more


Job cuts on the cards at Payless ShoeSource?

23 November 2017 | Beth Wright

Job cuts could be on the cards at US footwear giant Payless ShoeSource as the retailer, which emerged from Chapter 11 Bankruptcy Protection in August, has announced a series of initiatives it says will increase efficiencies – including plans to "streamline" its corporate headquarters.... read more


Payless ShoeSource emerges from Chapter 11

11 August 2017 | Michelle Russell

US footwear giant Payless ShoeSource has emerged from Chapter 11 Bankruptcy Protection with "substantial liquidity" after eliminating around US$435m in debt.... read more


Payless ShoeSource to close 400 stores amid Chapter 11

5 April 2017 | Michelle Russell

US footwear giant Payless ShoeSource has filed for Chapter 11 Bankruptcy Protection in a move that will see the closure of around 400 stores.... read more


US: Authentic buys footwear brands from Payless

31 July 2014 | Katie Smith

Authentic Brands Group (ABG) is adding to its growing portfolio by acquiring the Collective Licensing International footwear brands from Payless ShoeSource for an undisclosed sum.... read more


US/INDIA: Reliance Retails signs Payless franchise deal

14 November 2013 | Michelle Russell

Reliance Retail has entered into a franchise agreement with US-based footwear chain Payless ShoeSource in India.... read more


US: Payless ShoeSource axes 45 HQ jobs

9 January 2013 | Katie Smith

Footwear chain Payless ShoeSource is laying off some 45 employees at its headquarters in Topeka and eliminating 97 open positions as part of ongoing restructuring efforts.... read more


US: Christopher & Banks taps Payless exec as CEO

30 October 2012 | Katie Smith

Women's wear retailer Christopher & Banks has appointed former Payless ShoeSource chief executive LuAnn Via as its new president and CEO.... read more


US: Payless Holdings names Jones as CEO

12 October 2012 | Petah Marian

Payless Holdings, which owns Payless ShoeSource and Collective Licensing International, has appointed Paul Jones as CEO. ... read more


US: Collective Brands sale completes

9 October 2012 | Petah Marian

Wolverine Worldwide, Golden Gate Capital and Blum Capital have completed the acquisition of US footwear company Collective Brands. ... read more


US: Shareholders approve Collective Brands sale

22 August 2012 | Katie Smith

Shareholders in footwear retailer Collective Brands have approved a deal to sell the company to Wolverine Worldwide and two private equity firms.... read more


US: Collective Brands shareholders to vote on sale

15 August 2012 | Petah Marian

Collective Brands' shareholders are to vote next week on whether to approve a US$2bn deal that will see the company sold to Wolverine Worldwide and two private equity firms.... read more


US: Collective Brands Q1 net income rises 26%

23 May 2012 | Petah Marian

Collective Brands, the owner of the Payless ShoeSource and Stride Rite chains, has posted a 25.7% jump in first quarter net income on the back of rising revenue.... read more


Spotlight on... Collective Brands' search for steady footing

4 May 2012 | Petah Marian

Footwear firm Collective Brands has spent the last five years trying to find a stable footing following the company's formation following Payless ShoeSource's acquisition of Stride Rite in 2007. Here just-style charts some of the key themes and events in the company's tumultuous history.... read more


US: Collective Brands to be sold in $2bn deal

1 May 2012 | Leonie Barrie

A consortium made up of Wolverine Worldwide and private equity firms Blum Capital Partners and Golden Gate Capital has emerged as the winner in the race to buy footwear retailer Collective Brands Inc, after a $2bn deal was agreed today (1 May).... read more


US: Payless ShoeSource names Bergerac SVP and GMM

12 April 2012 | Katie Smith

Footwear chain Payless ShoeSource has appointed Michele Bergerac as senior vice president and general merchandise manager of its women's and accessories collections.... read more


US: Payless to step into Korea, Thailand and Vietnam

6 February 2012 | Leonie Barrie

Footwear retailer Payless ShoeSource has signed two new franchise deals that will see stores open in Korea, Thailand and Vietnam for the first time later this year.... read more


Speaking with style: Michael Massey, CEO, Collective Brands

20 October 2011 | Petah Marian

Footwear retailer Collective Brands is in a state of flux, on the one hand announcing plans to shutter almost 500 stores in the US, but on the other inking deals to expand its distribution in a number of emerging markets. Here CEO Michael Massey speaks to just-style's Petah Marian about how the company is developing its presence overseas and online.... read more


US: Payless expands Christian Siriano collection

31 August 2011 | Leonie Barrie

Footwear retailer Payless ShoeSource is extending its tie-up with designer Christian Siriano after adding a wider assortment, lower prices and a new Christian Siriano for Payless Gold Label to his autumn designs.... read more


US: Payless to launch Brash teen footwear range

15 July 2011 | just-style.com

Footwear chain Payless ShoeSource is set to launch its teen footwear collection Brash later this year, through its partnership with musical artist Sierra Kusterbeck.... read more


US: Payless taps Meyer as women's merchandise manager

13 April 2011 | just-style.com

Footwear retailer Payless ShoeSource has named Andrew Meyer as senior vice president and general merchandise manager for its women's and accessories businesses, joining the company from the Famous Footwear unit of Brown Shoe Corporation.... read more


US: Collective Brands narrows Q4 on higher sales

3 March 2011 | just-style.com

Footwear retailer Collective Brands Inc, the parent company of Payless ShoeSource, has only marginally narrowed its fourth quarter loss, after higher sales were partially offset by markdowns and higher product and freight costs.... read more


US: Payless promotes DeSantis to chief marketing officer

28 January 2011 | just-style.com

US footwear retailer Payless ShoeSource has promoted Vincent DeSantis to senior vice president and chief marketing officer for Payless. ... read more


US: Payless extends design deal with Christian Siriano

26 October 2010 | just-style.com

Footwear chain Payless ShoeSource Inc has signed a new multi-year deal with designer Christian Siriano following the success of his initial collection which was launched last autumn.... read more


US: Collective signs Payless franchise deals

21 October 2010 | just-style.com

Collective Brands-owned footwear chain Payless ShoeSource has signed two franchise deals to open new stores in Mexico, Indonesia, Malaysia and Singapore.... read more


US: Cohen named chief marketing officer at New York

13 October 2010 | just-style.com

Apparel retailer New York & Company has appointed Eran Cohen to the post of executive vice president, chief marketing officer. ... read more


US: Payless launches Isabel Toledo range

13 September 2010 | just-style.com

Payless ShoeSource has announced that its 'Isabel Toledo for Payless' fall collection is now available at stores across the US, Canada, Puerto Rico, the Philippines, countries in the Middle East, and Russia.... read more


US: Payless launches latest toning shoe

9 March 2010 | Joe Ayling

US retailer Payless ShoeSource has released a new toning shoe by sports brand Champion, hot on the heels of a surge in demand for workout shoes.... read more


ANALYSIS: Planning helps weather-proof apparel sales

11 February 2010 | Richard Woodard

With retailers already starting to showcase their spring apparel lines, the heavy and unexpected blanket of snow currently sitting over parts of Europe and the US is set to hit sales hard. Small wonder then that specialist companies are now making an enticing offer: let us give you detailed weather predictions for your company – and watch your revenues and earnings rise as a result.... read more


PHILIPPINES: Payless signs Philippine franchise deal

2 December 2009 | just-style.com

Payless ShoeSource is to launch its brand in the Philippines following an an agreement with franchise partner Stores Specialists.... read more


In the money: Back-to-school sums don’t add up

1 September 2009 | Leonie Barrie

Kids aren’t the only ones dreading going back-to-school; this year retailers too are fearful that the second busiest shopping season after Christmas will fail to deliver a much-needed boost to their finances. While forecasts suggest consumer spending is likely to slow, value retailers and discounts are set to win the day, as Leonie Barrie reports.... read more


US: Collective Brands to open Payless in Russia

1 September 2009 | just-style.com

US footwear retailer Collective Brands has announced plans to launch its Payless ShoeSource chain in Russia.... read more


US: Stride Rite closes distribution centre, 120 jobs go

15 July 2009 | just-style.com

Footwear retailer Stride Rite is to shutter its distribution centre in Huntington, Indiana in September with the loss of 120 jobs.... read more


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