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Payless ShoeSource is the largest store of its kind in the United States but has recently had some tough times. Within the past few years Moody’s has lowered their credit rating multiple times, they’ve closed 800 stores, and filed for bankruptcy. This video takes a look at their rise and fall and attempts to provide explanations for all of it.
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Recent Video: Sears: • The Decline of Sears.....
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Other Company Declines:
Kmart: • The Decline of Kmart.....
Blockbuster: • The Decline of Blockbu...
RadioShack: • The Decline of RadioSh...
Solo Cups: • The Decline of Solo......
Toys "R" Us: • The Decline of Toys R ...
hhgregg: • The Decline of hhgregg...
Pan Am: • The Decline of Pan Am....
ESPN: • The Decline of ESPN......
Gibson: • The Decline of Gibson....
iHeartMedia: • The Decline of iHeartM...
Bon-Ton: • The Decline of Bon-Ton...
Kodak: • The Decline of Kodak.....
General Electric: • The Decline of General...
Woolworth: • The Decline of Woolwor...
Dell: • The Decline of Dell......
Sears: • The Decline of Sears.....
Payless: • The Decline of Payless...
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Intro Made By - / @jombo1