Payless ShoeSource

PetSmart Names Retail Veteran as New CEO

PetSmart has tapped Ken Hicks as its new President and CEO, effective Oct. 31, 2024. Hicks will take over from interim CEO…

Payless Relaunches E-Commerce Business, Plans To Open 300-500 Stores

After emerging in January from its second stint in bankruptcy since 2017, Payless “is back,” the retailer trumpets on its newly launched…

Payless Catches Bankruptcy Bug: Is Retail Doomed?

It’s become a depressingly familiar headline in 2017: [RETAILER NAME HERE] Declares Bankruptcy, Closes [XX] Stores. The Payless Chapter 11 filing on…

Sycamore Partners Snaps Up Limited Stores’ Assets For $26.75 Million

Retail-focused private equity firm Sycamore Partners has made the winning bid for The Limited Stores‘ brand name and e-Commerce business. Both Reuters…

Payless Mulls Closing 1,000 Of 4,400+ Stores

The store closing bug has claimed its latest victim, with Payless ShoeSource reportedly shuttering as many as 1,000 stores as part of…

Engaging Customers Differently: From Tagline To Reality

The end goal for all retailers should be to achieve “customer intimacy,” according to Aptos CEO and Culture Leader Noel Goggin. During…

Blending IT Departments Can Be Messy In A Retail Merger

The dealmakers who broker mergers — like the one between OfficeMax and Office Depot that is expected to close later this year…

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