In tough retail landscape, Payless emerges as rare bankruptcy survivor
August 09, 2017 at 12:15 PM EDT
CHICAGO, Aug 9 (Reuters) - Payless ShoeSource is set to emerge from bankruptcy as soon as Wednesday, one of the largest retail chains to do so, and is banking on a strategy focused primarily on bricks-and-mortar sales at a time when e-commerce is casting an ever-growing footprint on retail sales.