About Payless Shoe Source
From the beginning, Payless paid special attention to creating comfortable shoes at an affordable price. We have adapted to the changing world around us to provide everyone with access to the best styles and brands. We continue to provide comfort, with the right styles, at the best price. Whether you are looking for stylish women’s shoes, obsessed with running shoes, or looking for a style that suits your family, we are a reliable source of shoes. The Payless brand continues to thrive in its vast global network spanning more than 30 countries. Today, Payless serves millions of consumers at approximately 700 regular stores in Central America, the Caribbean, South America, and parts of Asia, the Middle East, and North Africa. Let’s keep in touch and check with us regularly. Payless Shoe Source announces that it appeared as a result of voluntary Chapter 11 protection, which was introduced in February 2019. The retailer has appointed a new executive management team and is ready to present its new strategy in 2020. The new team is led by CEO Jared Margolis, who previously served as chairman of CAA-GBG, the world’s largest licensing agency, as well as a joint venture combining accessories, shoe and clothing companies Global Brands Group, and Creative Artists Agency, a leading entertainment and entertainment agency. Payless sports in Latin America, the Company’s largest current business unit, will be led by Justo Fuentes, CEO of LATAM. Fuentes previously served as president of BATA in Latin America, where he led the region with more than 1,000 retail stores, e-commerce, catalogs, wholesaling, and manufacturing. The company emerged from bankruptcy with an existing global retail presence spanning Latin America, Southeast Asia, and the Middle East. In these territories, Payless and its franchisees together own and operate more than 710 brick and mortar doors in more than thirty countries. “I am pleased to have the opportunity to take this iconic retail brand to a new strategic stage with a strengthened balance and clear financial perspectives. We are implementing a new comprehensive strategic plan to strengthen our relationships with our suppliers and vendors, support our global franchise partners, and deepen the trust of our customers. The Payless brand means design, quality and value, and we plan to step up this offering for our customers around the world, “says Jared Margolis, new CEO of Payless. Therefore, giving new Payless the opportunity to be agile, innovative and accelerate our greatest opportunity for growth: the United States, ”says Margolis. “We hope to continue our success in the Latin American market,” says Justo Fuentes. “Last year, we implemented many new strategies to increase our market share and store presence in the region, and in 2020 we will further develop it. This plan will include a strong digital component that enables a multi-channel approach to the Latino market, as well as various product strategies that will allow Latino consumers to continue to consider Payless as the leading source of affordable, high-quality shoes for the entire family. ”
We ask both courts for permission to continue to honor and store customer gift cards. loan until March 11, 2019, and still allow returns and exchanges of the corresponding non-final sale Purchases made before February 17, 2019 through March 1, 2019. programs and canceled all outstanding merchandise coupons in North America
Impact Payless customers
All stores in North America will be closed in late May. When we roll them up, we will. We reduced our e-commerce operations and continued selling Our products are through third-party e-commerce channels, such as Amazon, currently.
Payless is not allowed under the Bankruptcy Code to pay for goods or services previously received / rendered to our filing of Chapter 11 without express court permission, and our Canadian subsidiaries are subject to http://cases.primeclerk.com/pss for information on how to present evidence of a claim. You can contact our claims agent by calling 1 917-877-5967 (payment) or 1 844-339-4268 (US / Canada, toll free) or email firstname.lastname@example.org.