Out of bankruptcy, Payless ShoeSource hints at U.S. return

Payless ShoeSource has emerged from Chapter 11 bankruptcy with a new management team and plans to restart its U.S. business. The Topeka-based discount shoe retailer first filed for bankruptcy in 2017, then for the second time in February 2019, and the chain closed all of its 2,500 U.S. and Canadian stores as a result. The bankruptcy filing said Payless had about $470 million in outstanding debt. The company's North American sector alone lost $63 million in 2018, per CNN Business. Payless maintained…