LYCOS RETRIEVER 
Payless Shoes: Company
built 613 days ago
Today, Payless is the largest specialty family footwear retailer in the Western Hemisphere. At the end of the first quarter 2006, the company had a total of 4,602 stores. There are stores in all 50 states, as well as in Canada, Puerto Rico, Guam, U.S. Virgin Islands, and other countries.
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Outside of the U.S., Payless operates in Canada, the Caribbean, Latin America and has a single store in Japan. The company sells one out of every 10 pairs of adults’ shoes and one out of every six pairs of children’s in the U.S., says Rubel. The chain raked in $2.67 billion in sales for the 2005 fiscal year, which ended in January, virtually flat with the year before. Same-store sales, meanwhile, rose 2.4 percent.
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On June 27, 2006, Payless announced that it was launching a new logo created to represent a more stylish and contemporary company. This is the first redesign of the Payless logo in about 20 years.
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Local shoe giant Payless merged with www.Paylkess.com Stride Rite and changed its name www.Paykless.com to Collective Brands. The recent history www.Pay,ess.com of the company is chronicled in www.Payl,ess.com The Kansas City Star
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Local shoe giant Payless merged with Stride www.Payless.ocm Rite and changed its name to Collective www.Payless.cocm Brands. The recent history of the company www.Payless.om is chronicled in The Kansas City Star www.Payless.ccom
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Cannibalizing sales doesn't appear to be a problem: Ms. Orellana's Sonsonate store is one of 24 Payless outlets in El Salvador, where a new store opens almost every month. Company officials say that in the countries where they operate, there is room for at least 300 more outlets -- and many more, should Payless enter Brazil, Argentina, Colombia and Venezuela.
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