Payless to Remain at Former WiseBuys Stores

Topeka, Kan. Payless ShoeSource, which operates Payless stores within the company’s wholly owned subsidiary WiseBuys Stores, will continue to operate its Payless “store-within-a-store” concept after the WiseBuys stores are converted into Hackett’s.

Seaway Valley Capital Corp. acquired both WiseBuys Stores, Inc. and Patrick Hackett Hardware Co. in 2007 and is merging the operations of the two retailers under the “Hackett’s” brand. Hackett’s will also roll out a variety of branded footwear in the former WiseBuys stores. After the store conversions, Hacketts will operate nine locations including Canton, Gouverneur, Hamilton, Massena, Ogdensburg, Potsdam, Pulaski, Tupper Lake, and Watertown—all in New York. Hackett’s is also seeking additional locations in New York, Vermont, Massachusetts, Connecticut and Pennsylvania.