Payless
Payless ShoeSource is a well-known footwear retailer company having their locations in many countries around the globe. The corporate headquarters of the company is situated in Topeka, Kansas, United States. The annual revenue generated by the company is more than US$ 3 billion. The founders of the company were Louis Pozez and ShaolPozez who started its operation in 1956. There are more than 25,000 people employed by the company controlling their various management, retailing, and selling operations. Presently, it is owned by the Golden Gate Capital and Blum Capital.
Payless International Operations
Overall, there are more than 4,400 stores operated by the company in various countries that include St. Lucia, Australia, Barbados, Jamaica, Philippines, Singapore, Malaysia, Indonesia, United Arab Emirates, and Thailand. In the Philippines, the company has around 25 stores, whereas the Trinidad and Tobago have approximately 20 stores.
Payless Acquisitions
Since its foundation, the company has acquired many companies for expanding themselves. Some of the major ones are Hill Brothers Shoe Company, Volume Shoe, and Picway Shoes. The company’s official website was launched in 1999.
Payless Products
The company sells shoes for people of all the ages, whether they are kids or a mature adult. Some main products of Payless are dance shoes, sandals, cozy shoes, slippers, non-slip shoes, sneakers, athletic shoes, and dress shoes. There are many schemes run by the company on their official site.
