Payless ShoeSource, which was at one time the most popular discount shoe retailer in the United States, announced it has emerged from Chapter 11 bankruptcy and has plans to reopen some of the stores it shuttered last year.
The Topeka, Kansas-based firm said Thursday in a news release that it has appointed a new management team to unveil its new strategy for 2020, naming CEO Jared Margolis as the leader of the group.
