Payless Will Take Over Stride Rite

Payless ShoeSource and Stride Rite Corporation have announced an agreement, described as definitive, by which Payless, a large American chain of discount-oriented shoe stores, will pay about $800 million to acquire Stride Rite, along with assumption of debt. Payless’ offer of $20.50 in cash per share represents a 32 percent ...

REGISTER a Free Account today or SIGN-IN if you are already a subscriber of SGI Europe.

Gated access promo

It’s time to get you onboard. Subscribe today!

Subscribe today for just €9,90 / first month. Cancel at any time.

  • Insights you won’t find anywhere else about sporting goods brands and retailers and the sporting goods market
  • Highly trusted business information you can rely on to make important decisions
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry


Or continue reading this article and REGISTER NOW. If you are interested in a Team or Corporate subscription, click here to find out more