Payless ShoeSource Emerges From Chapter 11

Topeka, Kan. — Payless ShoeSource has successfully emerged from its Chapter 11 restructuring as the Number 1 specialty footwear retailer in the U.S. and one of the largest in the world with about 3,500 brick-and-mortar stores. Following the completion of the company's restructuring, Paul Jones will retire as CEO.

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