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Business
Payless coming to Jamaica
American shoe store chain now recruiting staff
Wednesday, December 22, 2010
REPRESENTATIVES of Payless Shoesource, the popular American chain that prides itself in offering customers affordable, stylish shoes, are now in the island recruiting staff in preparation for the opening of its first store here next year.
Last night, Michael Stern, the minister of state in the Ministry of Industry and Commerce, confirmed Payless' impending investment in Jamaica, saying it represented a trend.
"A lot of foreign companies are now showing interest in Jamaica, especially since the reduction in the crime rate," Stern told the Business Observer.
Some of these firms, he said, are American, while others are from within the Caribbean.
"What it shows is that Jamaica is proving an attractive place to invest," Stern said. "So Payless coming here is a trend.
Stern said he did not have the details of the investment. However, he confirmed that the Payless representatives were working with Jampro to ensure that the investment went smoothly.
Last week, a Business Observer source said that the Payless representatives are also working with a local company to interview prospective employees who will, after selection, undergo training.
An effort by the Business Observer to get from Payless the size of its investment was unsuccessful up to press time last night. However, one of the Jamaicans who was contacted about interviewing for a job said she was told that the company intended to open at least two stores in Kingston and another probably in Montego Bay or Negril.
"I was told that they were seeking 10 managers and five associates to work with those managers," the source, who opted for anonymity, said.
On its website, Payless lists Airwalk, Dexter, Champion, American Eagle by Payless, Zoe&Zac, as well as designer labels Lela Rose for Payless, Christian Siriano for Payless and Isabel Toledo for Payless, as among the popular brands it sells.
 
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12/23/2010
Good move, we need to bring more investors in. More jobs for Jamaicans and it could be the start of good things.
I would really like to see however more investment in manufacturing.
12/23/2010
All jamaica has to do is get down the crime in this country , and people will come not just tourist but companies, alot of overseas guys would not mind living on a tropical island but who would if you have to fear for yours and your kids lives.
12/23/2010
Payless is smart. There is a good market in Jamaica. The price is right and it will suit the wages of Jamaicans. Macy's, L & T, Harrods, etc. would not be suitable because the general population cannot afford those prices. They should have a store in every major city or town.
12/22/2010
A lot of Jamaicans do not want to work they prefer crash programmes and hand outs
12/22/2010
People like trevor, estoban, brad et al are who the country need to rid itself of. You all with your backward thinking. One investment can sometimes be a catalyst for others. India didn't get where they are because a lot of big investors moved at once. They did because small cos with low paying jobs moved in. Others saw the value and joined in. This is positive news. Now maybe, others will follow. Stop being negative.
12/22/2010
@ Trevor..some of us like to shoot down everything. So negative. Like any other shoe store Payless does sell cheaper shoes to cater to those who cannot afford Brazilian or other leather shoes. I have purchased and worn many genuine leather shoes , sandals which I bought at Payless for a very reasonable price. If you want to see cheap, "disposable" Chinese made shoes go downtown Kgn. Our people deserve better don't u think? Get your facts right please.
12/22/2010
this page wreaks of ignorance. this is called investment (when one foreign company decides to do business in your country) and it indeed is a trend if any of you consistently read up to date news ( not just the headline stories)
12/22/2010
The minister said, "Since the reduction of the crime rate". Let me have some of what you are smoking!!!
12/22/2010
Whilst we should welcome investments in general, we should not be overly elated at purely commercial ventures as these types of ventures especially when they are foreign owned, essentially result in our further impoverishment. Yes they provide well needed jobs, but how about a companion manufacturing entity which would see Jamaicans being exposed to new technology and skills. Industrialisation and manufacturing is the way to sustained economic development, not buying and selling!
12/22/2010
Ditto !! Trevor Harris !!
12/22/2010
1 company coming here is a trend. Clearly he doesnt know the meaning of the word trend
12/22/2010
This is a slow newsday when thia story is regarded as major news.All payless is going to do is bring cheap ,uncomfortable shoes out of China.
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