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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 .
Discount shoe store chain Payless is banking on that, announcing Tuesday that it’s relaunching in North America, barely 14 months after shutting down last June.
Tape World – a store concept created by Trans World Entertainment in 1979 but later replaced by its f.y.e. store concept [155] Tower Records – founded in 1960 in Sacramento, California; all retail stores were liquidated in 2006 [156] and the name was purchased for use as an online-only retailer
In 2007, Payless ShoeSource of Topeka, Kansas acquired Stride Rite. On August 16, 2007, the company changed its name to Collective Brands, Inc.By 2009, it was announced that Stride Rite would operate under the further-revised name of Collective Brands Performance + Lifestyle Group.
Payless Car Rental, an automobile rental company; Payless DIY, a chain of do-it-yourself stores in Britain, merged in 1990 into rival chain Do It All, which later merged into Focus DIY; Pay Less DIY, a chain of do-it-yourself stores in Ireland, renamed to become Woodie's DIY; Payless (footwear retailer), an international discount footwear retailer
Matthew E. Rubel (born November 29, 1957) is an American entrepreneur and investor. He is the former chairman, chief executive officer, and president of Collective Brands, Inc., the parent company for Payless ShoeSource, a footwear, accessory, and lifestyle brand company, Collective Brands' Performance + Lifestyles Group (formerly Stride Rite Corporation), and Collective Licensing International.