Payless, like many traditional brick-and-mortar retailers, has endured its challenges in recent years. In early 2019, the footwear retailer filed for bankruptcy and began closing all of its U.S. stores. Jared Margolis, CEO of Payless, is leading the company through its relaunch in the North American market, which began this past summer. In this video clip from our January Women in Retail and Total Retail Virtual Exchange event, Margolis discusses Payless' brick-and-mortar strategy, how the COVID-19 pandemic caused the business to think smarter, and its plan to open a few hundred stores in key markets in the coming years.
To watch the full interview with Margolis from the January Women in Retail and Total Retail Virtual Exchange, as well as interviews with Oliver Chen, managing director, retail and luxury sector head, Cowen and Company; Gayitri Budhraja, vice president, brand, e.l.f. Beauty; Ekta Chopra, chief digital officer, e.l.f. Beauty; Jackson Jeyanayagam, vice president and general manager, direct-to-consumer, The Clorox Company, click here.