Payless makes a comeback

  Almost two years after rescuing Australia’s largest independently-owned footwear retailer, Payless ShoeSource has begun rebranding Payless Shoes stores to its latest US format. Payless Shoes was acquired by US-based Payless ShoeSource in March 2013, six months after being placed in voluntary administration. Globally, Payless ShoeSource operates 4400 shoe stores in more than 30 countries. At the time of its administration in September 2012, Payless Shoes reportedly had debts of more

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