Payless ShoeSource POS Data
Payless ShoeSource is a subsidiary of Collective Brands, and is one of the top shoe retailers in both North and South America. Payless offers shoes for men, women, and kids, but targets women between the ages of 18-49. Payless ShoeSource was founded in Topeka, KS in 1956. In 1961, it became a public company as the Volume Shoe Corporation which merged with the May Department Stores Company in 1979. In 1996 Payless ShoeSource became an independent publicly held company. 2007 saw the company acquire the Stride Rite Corporation and change its name to Collective Brands, Inc, which had 2011 total revenue of $3.4 billion USD. In October 2012 the purchase of Collective Brands, Inc was completed by Wolverine World Wide, Blum Capital, and Golden Gate Capital for $1.32 billion USD.
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Vendors may receive daily or weekly, store-level updates and restatements of SKU level POS sales and inventory activity. Once the data streams are initiated or vendor portals are activated, VELOCITY® can automatically acquire, cleanse, harmonize and transform the data into actionable analytics to produce measurable results.