DESPITE Payless Shoes moving in voluntary administration nationally, it is understood the Gympie store will continue to operate in the indefinite future.
While staff at the store are unable to directly comment, according to a media spokesman a number of decisions on the final outcome of the process still need to be decided.
“Payless Shoes is one of the best known independent shoe retailers operating 131 stores and an on-line business, voluntary administrator Jim Sarantinos said in a press release. “We are immediately calling for expressions of interest for a sale of the business as a going concern.
Mr Sarantinos said it was still too early in the process to identify what the causes of the company’s financial problems was.
According Mr Sa…
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