Alva Review-Courier -

Payless ShoeSource emerges from Chapter 11 bankruptcy

 

January 16, 2020



NEW YORK (AP) — Payless ShoeSource has emerged from bankruptcy for the second time, with a focus on international markets.

The Topeka, Kansas-based said Thursday it wants to reinvigorate Latin America, its largest business unit.

It will also relaunch its U.S. e-commerce site and open some stores in the U.S. , but no details were offered.

Payless filed for Chapter 11 bankruptcy protection in February 2019 and shuttered the remaining 2,000-plus stores in North America.

The latest bankruptcy filing didn't affect its 710 franchises or stores in Latin America, Southeast Asia and the Middle Eas...



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