Collective Brands, Inc. (Collective Brands), formerly known as Payless ShoeSource, Inc., is the holding company for Payless ShoeSource, Inc. (Payless), The Stride Rite Corporation (Stride Rite), and Collective Licensing LP (Collective Licensing). Payless is a footwear specialty retailers in the Western Hemisphere. Stride Rite markets brand of children’s shoes in the United States, as well as products for children and adults under brand names, including Stride Rite, Robeez, Sperry Top-Sider, Saucony and Keds. Collective Licensing is a lifestyle marketing and global licensing business. The Company operates business in four reporting segments: Payless Domestic, Payless International, Stride Rite Retail and Stride Rite Wholesale.