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I have just began noticing Payless. I know it's a competitive industry but the shoes seem to be an outstanding value. I just picked up a pair of casual shoes-very respectable Prada knock-offs-for $22. They seem comparable to shoes at Footlocker costing $64. I have picked up several other pairs of shoes at Payless, all for less than $30, and they seem eminently decent.

Can Walmart, Target, or anyone else compete on price/value like this to the consumer? How does Payless do it?

This makes me wonder if the stock, like the shoes, are a good value.

-Don
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