Payless ShoeSource may have closed its last U.S. stores in June, but it's already planning a comeback, USA Today reported. The Topeka, Kansas-based company announced yesterday that it has emerged from chapter 11 bankruptcy for the second time. The footwear company says that it will have a focus on international markets and wants to reinvigorate its largest business unit, Latin America. Payless, which is still selling some of its shoes on Amazon.com, says that it will also relaunch its U.S. e-commerce site and open some physical stores in the U.S. Specific details, including a timeline, were not available. Payless filed for chapter 11 protection last February and shuttered its remaining 2,000-plus stores in North America by the end of June. The 62-year-old chain also filed for chapter 11 in 2017, cut debts and closed nearly 700 struggling stores. The latest bankruptcy filing didn’t affect its more than 710 franchises or stores in Latin America, Southeast Asia and the Middle East.
