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Satan Shoes were a series of custom Nike Air Max 97 shoes, created in 2021 as a collaboration between American musician Lil Nas X and MSCHF, a Brooklyn, New York art collective. Their design and marketing gained controversy through prominent satanic imagery.
All 39 were dressed in identical black shirts and sweatpants, brand new black-and-white Nike Decades athletic shoes, and armband patches reading "Heaven's Gate Away Team" (one of many instances of the group's use of the terms of Star Trek). Each member carried a five-dollar bill and three quarters in their pockets.
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.
The retail apocalypse may be happening sooner than expected. Retail store closures in America just hit the highest level since the pandemic — and are expected to rise to about 15,000 in 2025.
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The company continued to struggle through the retail apocalypse, and in late summer of 2022, Bed Bath & Beyond announced plans to close 150 stores, lay off 20% of its corporate and supply chain staff, and eliminate the role of COO and CSO within the company. Liquidity was raised to about $1B after a loan and additional financing were secured.