Collective Brands, Inc. is planning to close about 475 underperforming and low-volume Payless and StrideRite shoe stores by the end of the fiscal year. The company for fiscal second quarter posted a loss of $35 million, worse than profit of $21.1 million year ago, on 4.9% revenue increase to $882.4 million.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.