Payless shoe source biography of michaels
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Payless ShoeSource, Inc.
Southeast Sixth Avenue
Topeka, Kansas
U.S.A.
Telephone: ()
Toll Free: ()
Fax: ()
Web site: http//
Public Company
Founded: as Pay-Less National
Employees: 30,
Sales: $ billion ()
Stock Exchanges:New York
Ticker Symbol: PSS
NAIC: Shoe Stores; Electronic Shopping and Mail-Order Houses
Payless ShoeSource, Inc. is the largest footwear retailer in the United States. The company operates about 4, stores in all 50 states as well as Puerto Rico, Guam, Saipan, the U.S. Virgin Islands, Canada, Central America, the Caribbean, Ecuador, and Japan. It also sells footwear via the Internet at Payless has built its success by offering a large selection of shoes at very low prices, most selling for less than $15 as of The company has been able to maintain its affordable prices by sticking exclusively to a self-service format, keeping a tight rein on cost structure, and insisting on efficient sourcing and inventory controls. Payless ShoeSource targets as
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Payless (footwear retailer)
American discount footwear company
| Formerly | Payless ShoeSource Inc. |
|---|---|
| Company type | Private |
| Industry | Shoes, socks, accessories |
| Founded | ; 69years ago() |
| Founders | Louis and Shaol Pozez |
| Fate | U.S. and Canadian stores liquidated in due to Chapter 11 bankruptcy Relaunched in August |
| Headquarters | NE th St, North Miami, Florida, United States |
Number of locations | 3,+ (40 countries) ()[1] |
Area served | 30+ countries () |
Key people | Justo Fuentes (CEO) |
| Revenue | US$3 billion ()[2] |
Net income | −US$ million (FY) |
| Owners | |
Number of employees | 18, ()[2] |
| Website | |
Payless ShoeSource Worldwide, LLC[3] (formerly known as Payless ShoeSource Inc.), is an American multinational discount footwear chain. Established in bygd cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In , it became a p
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Michael Schwindle has a varied résumé, but there’s one constant throughout his career—a reliance on data.
With his current role as ledare financial officer of Payless ShoeSource, Schwindle takes executive strategy to the next level, working with data to understand the business and create an action program for the Kansas-based company.
As a numbers guy, Schwindle has focused on data throughout his career, whether it be most recently at the gourmet gifts company, Harry & David, or for women’s fashion company, Limited Brands, in the s. “In a consumer-facing business, whatever is happening economically you see play out in real time,” Schwindle says.
To illustrate his point, Schwindle reflects on the economic recession. At the time, he was working at Guitar Center’s online business—and although the online retail world fared better than traditional businesses at that time—it still experienced the economic turn. He remembers watching the numbers shift and wondering what was really pla