Pay Less for Shoes? Stores Open in Kuwait, Saudi Arabia
March 31st, 2009 Posted in JVs, Retail
Payless ShoeSource, the American retail footwear company, has opened stores in Kuwait and Saudi Arabia, reports Forbes. In a deal with M.H. Alshaya Co., which will support Payless’s expansion into the Middle East with construction and staffing, the company has achieved a “significant milestone” in its international strategy, said CEO Matthew Rubel. The new stores add to Payless ShoeSource’s existing 4,500 establishments in the Americas.
