NEW YORK (AP) — Payless ShoeSource has emerged from bankruptcy for the second time, with a focus on international markets.
The Topeka, Kansas-based company said Thursday it wants to reinvigorate its largest business unit, Latin America.
It will also relaunch its U.S. e-commerce site and open some stores in the U.S. but did not offer specific details.
Payless filed for Chapter 11 bankruptcy protection in February 2019 and shuttered the remaining 2,000-plus stores in North America.
The latest bankruptcy filing didn’t affect its 710 franchises or stores in Latin America, Southeast Asia and the Middle East.
The chain filed for Chapter 11 for the first time in April 2017.
- Homicide investigation underway at Elyton Village in Birmingham
- Orange Beach Police arrest Texas travelers on marijuana, controlled substance charges
- VIDEO: Residents in Magnolia Springs rescued after Sally’s landfall
- Baldwin EMC restores about 49,000 meters of power
- Video shows woman attacking members of California tribe protesting border wall