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Payless Exits Bankruptcy With Plan to Open Stores

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Third time’s the charm? Footwear retailer Payless ShoeSource has emerged from Chapter 11 bankruptcy court protection, and the new management team plans to rebuild the U.S. store base. Payless filed its second bankruptcy court petition in February 2019, two years after a first filing that saw 673 stores close. The 2019 filing liquidated operations in…

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