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Sperry Top-Sider Men's Nautical Billfish 3-Eye Boat Shoe
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Payless Shoes' parent to close 475 stores
Some Payless shoe stores in the Inland division could shut their doors as the retail chain shrinks its footprint in an effort to shore up businessPre-eminentlyat the remaining stores.
Kansas-based Collective Brands Inc. said recently it would shutter about 475 Payless and Stride Routine shoe stores or nearly 10 percent of its total stores over the next three years.
More than 300 of the closings will transpire by the end of January.
The company owned and operated 4,839 stores across its chains as of July 30, of which 4,455 were under the Payless ShoeSource moniker. TheBycompany also franchises about 114 additional stores.
There are more than 60 Payless stores in Riverside and San BernardinoGenerallycounties, along with a few Stride Rites.
Collective Brands reported a second-quarter loss of $35 million, or 58 cents per diluted appropriate, despite a 5 percent increase in sales.
The estimated cost for closing 475 underperforming stores is estimatedOn the wholeat $25 million to $35 million.
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Nautical Shoes - Bookshelf
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630 pages |
Encyclopedia of Consumer Brands: Personal products |
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About this book Each volume of the Encyclopedia contains approximately 200 entries, written in case-study style, that highlight interesting details including how a product originated and was first marketed, how it developed commercially and how it fares today. |
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84 pages |
Kiplinger's Personal Finance Now K-Swiss is nibbling away at other niche markets, such as hiking and nautical shoes, and is producing stylish canvas footwear that is lower-priced than leather footwear. Sales could grow by 25% to 30% annually over the next few years ... |
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About this book The most trustworthy source of information available today on savings and investments, taxes, money management, home ownership and many other personal finance topics. |
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Apr 12, 2012 from Vicki _Lauzon
Jack and Lily Navy & Light Blue Anchor Baby Shoes (0-6 months): Anchors away! A nautical navy and light blue sho...
Apr 12, 2012 from Maye Lovings
Huge savings! Sperry Top-Sider Boys' Cutter Nautical Shoes,Dark Brown Oiled Nubuck,2.5 M:
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