$21.71
1.54 (+7.64%)
Collective Brands Inc. (PSS)
CAPS Rating:
A specialty family footwear retailer in the western hemisphere, which is dedicated to democratizing fashion and design in footwear and accessories and inspiring fun, fashion possibilities for the family at a great value.
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As a former employee of this company, i must say, they have things going for them. They implemented a customer service systems(called SMILES, ancronym based name) to increase sales and it is done by the retailers well since its fun. Hey, just ask a sales rep about SMILES and they will know what it means!
They also have a stricter payroll policy which in most cases, no one recieves overtime time pay.
Last but not least, the shoes are becoming alot more presentable than before. Although i worked as a sales rep and assistant manager in Payless, i knew that i hated the shoes but the styles kept getting better and better which even caused me to get a couple pairs...and thats saying mouthfuls!
I sorta wish i purchased this stock when it was $12-14 when i was working there but theres more room for growth...
This whole buyout really killed this whole company...i'm just gonna keep this pick for the hell of it...