Payless puts its headquarters up for sale - footwearbiz: Leading site

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Payless puts its headquarters up for sale

06/12/2017
Footwear retail group Payless ShoeSource has confirmed that its corporate headquarters in Topeka, Kansas is on the market.

Local media reports have said it has set an asking price of $8.5 million for the building.

In November, Payless laid off 170 employees, following on from the loss of 165 jobs at the start of 2017. The move to sell its US headquarters has sparked fears that the company plans to pull out of the Topeka area entirely, putting more jobs at risk.

The company exited chapter 11 bankruptcy protection in August after receiving court approval for a reorganisation plan which included the immediate closure of nearly 700 stores. 

Related stories:

Former Payless ShoeSource CEO joins JC Penney board 16/07/2019
Payless to complete store closures in June 31/05/2019
Payless ShoeSource to close all its US stores 19/02/2019
Payless explores its options 18 months after restructuring 18/01/2019
Payless fools customers with creative marketing stunt 05/12/2018
Payless to expand its e-commerce business 23/11/2017
Payless mulls further restructuring of business 20/11/2017
Payless Shoesource closures hit Steve Madden results 08/11/2017
Payless exits chapter 11 as CEO steps down 15/08/2017
Payless gets court approval for reorganisation plan 03/08/2017
Payless Shoesource files for bankruptcy protection 10/04/2017
Payless to make extended shoe sizes for women 26/06/2012

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