Payless ShoeSource Opens 100th Franchise Store

Collective Brands, parent to Payless ShoeSource, announced the opening of its 100th franchise store, which is located in Cirebon, Indonesia. The store represents the seventh store in Indonesia to date and the overall rapid international expansion of the Payless store chain over the past two years through its franchise strategy. "The franchise model has proven to be an effective way to quickly reach more international markets with the Payless brand,” said LuAnn Via, CEO and president of Payless ShoeSource.