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Thomson Financial Business Description:
| The Group's principal activity is to retail footwear for men, women and children. It operates in four segments: Payless Domestic, Payless International, Stride Rite Retail and Stride Rite Wholesale. The Payless Domestic segment is comprised primarily of domestic retail stores under the Payless ShoeSource name, as well as the Group's sourcing unit, and Collective Licensing. The Payless International segment is comprised of international retail stores under the Payless ShoeSource name in Canada, the South American Region, the Central American Region, Puerto Rico, and the U.S. Virgin Islands. The Stride Rite Retail segment consists of Stride Rite's specialty stores and outlet stores. The Stride Rite Wholesale reporting segment consists of Stride Rite's wholesale operations. It also offers accessories including handbags, shoe polish and hosiery. At the end of 2008, the Group operated a total of 4,877 retail stores. |
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