Payless Relaunches E-Commerce Business, Plans To Open 300-500 Stores
Retail TouchPoints
AUGUST 18, 2020
After emerging in January from its second stint in bankruptcy since 2017, Payless “is back,” the retailer trumpets on its newly launched e-Commerce site. Margolis plans to rein in costs with such strategies as negotiating leases that use a percentage of store revenue to pay a share of the rent rather than a fixed payment.
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