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Payless ShoeSource Worldwide, LLC [3] (formerly known as Payless ShoeSource Inc.), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital , and Golden Gate Capital .
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Payless ShoeSource filed for bankruptcy in April 2017 and closed 400 of its stores. [238] It emerged from bankruptcy in August, but announced on February 14, 2019, that it was filing for bankruptcy again and that it would close all of its stores and its online operation in the United States. [239]
Buyer Beware: Common Scams To Watch Out for as a Shopper Fraudulent sellers attempt everything from selling counterfeit and broken goods to posting fake rental properties.
Another one bites the dust! The discount shoe chain has filed for Chapter 11 protection on less than $1 billion in assets and $10 billion in liabilities.
Eighteen months after bankruptcy, Payless ShoeSource Inc has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring. Shoe retailer Payless to explore options ...
In November Facebook launched Beacon, a system (discontinued in September 2009) [10] where third-party websites could include a script by Facebook on their sites, and use it to send information about the actions of Facebook users on their site to Facebook, prompting serious privacy concerns. Information such as purchases made and games played ...
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