Katy, Texas — As a result of a planned succession process, the following changes to the executive leadership team of Academy Sports and Outdoors, Inc. will be effective as of June 1, 2023. Ken C. Hicks, chairman, president and CEO, will transition to executive chairman of the board. Steven (Steve) P. Lawrence, executive vice president (EVP) and chief merchandising officer (CMO), will become CEO and a member of the board; he will continue to serve as CMO until a successor is appointed. Michael P. Mullican, EVP and chief financial officer, …
Payless ShoeSource
Atlanta — The Athlete’s Foot (TAF) has named Matt Lafone as its new president and general manager of Americas. The veteran retail executive will start immediately, managing operations in North, South and Central America, and will report directly to the company’s new owner and global executive chairman, Param Singh. Lafone joins The Athlete’s Foot from Payless ShoeSource. Lafone will be responsible for providing leadership, strategic and operational guidance to the Americas team with the goals of driving profitable growth, building brand equity and enhancing customer satisfaction. Globally, TAF retail sales …
Topeka, Kan. — Payless ShoeSource will close all 2,100 of its stores in the United States and Puerto Rico as it moves toward liquidation. According to a statement by the company provided to USA Today, which first reported the news on Feb. 15, Payless expects all stores to remain open through March.
New York City — Payless, a trusted name in footwear and accessories for over 60 years, recently opened its first ever holiday pop-up location in New York City. The temporary store, which opened just before Thanksgiving, is located at 136 W. 42nd Ave., between Times Square and Bryant Park.
Topeka, Kan. — Payless ShoeSource has outlined several key initiatives as part of the company’s ongoing transformation. These actions will increase efficiencies across operations and allow Payless to re-prioritize the business to focus on the customer, accelerate and expand its e-commerce business, and invest in future growth — including expanding its domestic and international footprint.
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.