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KANSAS CITY, Mo. (AP) -- Payless ShoeSource Inc. will become the exclusive U.S. seller of Dexter brand shoes, adding a big piece to Payless' strategy of distancing itself from its bargain-bin shoe past, the companies said Tuesday. Formerly found at retailers such as Kohl's Corp. and J.C. Penney Co., the 50-year-old brand will begin appearing in Payless' 4,600 stores in a limited men's line this Christmas. A full line of men's and women's casual and dress shoes will go on sale next year, Payl...

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LOS ANGELES (AP) -- Hugh Hefner's "Playboy" lifestyle is set to hit the big screen. The film, to carry the title of his magazine, will be directed by Brett Ratner, whose credits include the "Rush Hour" movies and "X-Men: The Last Stand," and produced for Universal Pictures by Brian Grazer, who won the best picture Oscar in 2002 for "A Beautiful Mind." Hefner, 81, sold the rights to his story to Grazer several years ago. He approved the project last week. "Hef came from a puritanical upbringi...

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SYDNEY (Reuters) - Australia's Babcock & Brown

Infrastructure Ltd. (BBI.AX) made a revised takeover offer for

U.S. utility NorthWestern Energy Corp. (NWEC.O) after a

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KANSAS CITY, Mo. — Payless ShoeSource Inc. will become the exclusive U.S. seller of Dexter brand shoes, adding a big piece to Payless' strategy of distancing itself from its bargain-bin shoe past, the companies said Tuesday.

Formerly found at retailers such as Kohl's Corp. and J.C. Penney Co., the 50-year-old brand will begin appearing in Payless' 4,600 stores in a limited men's line this Christmas. A full line of men's and women's casual and dress shoes will go on sale next year, Payless CEO Matt Rubel said.

The company won't completely abandon its low-cost image. Payless plans to develop the shoes in its New York design studio and charge between $25 and $45 a pair for men, below the $60 price they fetched in department stores, and $15 to $30 for women, Rubel said.

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Payless ShoeSource Inc. will become the exclusive U.S. seller of Dexter brand shoes, adding a big piece to Payless' strategy of distancing itself from its bargain-bin shoe past, the companies said Tuesday.

Formerly found in department stores like Kohl's and J.C. Penney's, the 50-year-old brand will begin appearing in Payless' 4,600 stores in a limited men's line this Christmas. A full line of men's and women's casual and dress shoes will go on sale next year, said Matt Rubel, the company's chief executive.

The company won't completely abandon its low-cost image. Payless plans to develop the shoes in its New York design studio and charge between $25 and $45 a pair for men, below the $60 price they fetched in department stores, and $15 to $30 for women, Rubel said.

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