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April 1, 2013

Shoe Carnival Q4 profit slips; on track to open 30 stores in 2013

Shoe Carnival reported that net earnings for the quarter ended Jan. 28 slipped to $3.2 million, compared with $3.3 million in the year-ago period.

Evansville, Ind. -- Shoe Carnival reported Monday that net earnings for the quarter ended Jan. 28 slipped to $3.2 million, compared with $3.3 million in the year-ago period.

Revenue rose 13.1% to $205.7 million from $181.9 million, and same-store sales edged up 0.5%.

For the full year, profit rose to $29.3 million from $26.4 million, sales increased 12.1% to $855 million, and same-store sales advanced 4.5%.

March 15, 2013

Brown Shoe swings to profit in Q4

Brown Shoe Co. reported Friday that net income of the fourth quarter was $4 million, compared with a loss of $8.2 million in the year-ago period.

St. Louis -- Brown Shoe Co. reported Friday that net income of the fourth quarter was $4 million, compared with a loss of $8.2 million in the year-ago period.

Sales rose to $640.2 million from $628.9 million.

For full year 2012, profit edged up to $27.5 million from $24.6 million. Sales increased to $2.59 billion from $2.58 billion.

November 12, 2012

150 leases of Bakers and Wild Pair Shoes included in bankruptcy sale process

New York -- GA Keen Realty Advisors, LLC of New York, a division of Great American Group has begun marketing leases for 150 Bakers and Wild Pair shoe store locations across the country.

October 18, 2012

Shoe Carnival CEO to step down

Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27.

Evansville, Ind. -- Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27.

August 28, 2012

Brown Shoe narrows loss; raises outlook

Brown Shoe Co Inc. on Tuesday posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.

St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.

Brown Shoe’s quarterly loss narrowed to $2.5 million, compared with a loss of $4.6 million a year earlier.

Revenue decreased to $599.3 million. Same-store sales rose 3.9%.

February 28, 2012

DDR and Shoe Carnival team to open four stores in 2012

Shopping center owner DDR Corp. said Tuesday that four new Shoe Carnival stores will open at DDR shopping centers in 2012.

Beachwood, Ohio -- Shopping center owner DDR Corp. said Tuesday that four new Shoe Carnival stores will open at DDR shopping centers in 2012.

The new stores are a result of DDR's focus to consolidate small shop space by reconfiguring and re-leasing space to national retailers, improving tenant mix and the quality of cash flow. At three of the shopping centers, multiple small shop units have been combined to accommodate the new Shoe Carnival stores. The fourth center is located in Puerto Rico.

January 24, 2012

Town Shoes selects PeopleAnswers for HR solution

HR solution-provider PeopleAnswers and Canada-based Town Shoes, which sells under Town Shoes and The Shoe Co., announced Tuesday that Town Shoes will use the PeopleAnswers pre-employment and employee selection solution in its 124 stores across Canada.

Dallas -- HR solution-provider PeopleAnswers and Canada-based Town Shoes, which sells under Town Shoes and The Shoe Co., announced Tuesday that Town Shoes will use the PeopleAnswers pre-employment and employee selection solution in its 124 stores across Canada.

January 20, 2012

TownShoes selects PeopleAnswers to improve employee recruiting process

PeopleAnswers and Canada-based Town Shoes, which sells under Town Shoes and The Shoe Company, announced a software licensing agreement for the retailer to use the PeopleAnswers’ human-relations solution in its 124 stores across Canada for pre-employment screening and employee selection.

Dallas -- PeopleAnswers and Canada-based Town Shoes, which sells under Town Shoes and The Shoe Company, announced a software licensing agreement for the retailer to use the PeopleAnswers’ human-relations solution in its 124 stores across Canada for pre-employment screening and employee selection.

November 22, 2011

Brown Shoe to close 145 Famous Footwear stores, sell off some units

Brown Shoe Co. said that while profit rose dramatically in the third quarter thanks to a business unit divestiture, the retailer will cut several of its lines and close underperforming stores nationwide to shore up profitability.

St. Louis -- Brown Shoe Co. said Monday that while profit rose dramatically in the third quarter thanks to a business unit divestiture, the retailer will cut several of its lines and close underperforming stores nationwide to shore up profitability.

November 1, 2011

Shoe Show to open at Victory Square

Brixmor Property Group announced Tuesday a 4,800-sq.-ft. lease has been executed with Shoe Show at Victory Square, located in Savannah, Ga.

Savannah, Ga. -- Brixmor Property Group announced Tuesday a 4,800-sq.-ft. lease has been executed with Shoe Show at Victory Square, located in Savannah, Ga.

Brixmor, based in New York City, is the owner of Victory Square.

October 26, 2011

Brown Shoe finalizes sale of And 1

Brown Shoe Co. said it has finalized the sale of its And 1 men’s performance and lifestyle brand to Galaxy International for $55 million.

St. Louis -- Brown Shoe Co. said Wednesday it has finalized the sale of its And 1 men’s performance and lifestyle brand to Galaxy International for $55 million.

The And 1 brand was part of the $145 million American Sporting Goods acquisition that Brown completed last February in a move to expand its reach into the fitness category.

Brown Shoe said it plans to use the proceeds from the sale of And 1 to pay down debt.

September 26, 2011

Town Shoes pilots solution from Jesta

Jesta I.S. announced that shoe retailer Town Shoes Ltd. has implemented Jesta’s Vision Suite in a pilot store.

New York City -- Jesta I.S. announced that shoe retailer Town Shoes Ltd. has implemented Jesta’s Vision Suite in a pilot store. The Canadian chain is using Jesta's Vision Mobile-Operations module to complete “in-the-aisle” stock transfers for improved customer service.

August 25, 2011

Brown Shoe swings to loss in Q2

Brown Shoe Co., parent to the Famous Footwear chain, reported Thursday a loss of $4.6 million for the second quarter, compared with a profit of $5.3 million in the year-ago period.

St. Louis -- Brown Shoe Co., parent to the Famous Footwear chain, reported Thursday a loss of $4.6 million for the second quarter, compared with a profit of $5.3 million in the year-ago period.

Sales increased 7.2% to $628.1 million, from $585.8 million.

August 25, 2011

Shoe Carnival profit drops in Q2, on track to open 13 net new stores

Shoe Carnival reported Thursday that net income for the quarter ended July 30 dropped to $2.7 million from $4.1 million in the year-ago period.

Evansville, Ind. -- Shoe Carnival reported Thursday that net income for the quarter ended July 30 dropped to $2.7 million from $4.1 million in the year-ago period. Sales edged up 0.8% to $166.7 million, and same-store sales dipped 1.1%.

The shoe retailer said it expects to open 17 new stores and close four stores in fiscal 2011.

July 12, 2011

Sneakerology, Sydney, Australia

Athletic footwear is displayed like prized museum artifacts in Sneakerology, a 600-sq.-ft.-store in Sydney, Australia. Each shoe -- there are nearly 300 in total -- is presented in its own plywood box on the wall. The boxes are neatly ordered and offset by half unit on each level. Each has a number that identifies the shoe inside it.

May 26, 2011

Brown Shoe names Diane Sullivan CEO

Brown Shoe Co., which operates Famous Footwear Stores, said Thursday it has named Diane M. Sullivan president and CEO.

St. Louis — Brown Shoe Co., which operates Famous Footwear Stores, said Thursday it has named Diane M. Sullivan president and CEO.

The company announced in January that it had promoted Sullivan, its president and COO. She steps into the role Thursday following a four-month transition period from chairman and CEO Ronald A. Fromm.

Fromm remains Brown Shoe's chairman of the board.

May 25, 2011

Brown Shoe Q1 profit falls on higher costs

Brown Shoe Company Inc., which operates Famous Footwear stores, said Wednesday that its first-quarter earnings tumbled, despite rising revenue caused by higher costs.

St. Louis — Brown Shoe Company Inc., which operates Famous Footwear stores, said Wednesday that its first-quarter earnings tumbled, despite rising revenue caused by higher costs.

The company earned $3.7 million, compared with year-ago earnings of $10 million. Excluding special charges for restructuring and other items, the company earned $7 million.

Revenue rose to $624.6 million from $597.7 million a year earlier. Revenue declined at the company's Famous Footwear and specialty retail operations, but wholesale revenue jumped 27%.

November 23, 2010

Brown Shoe profit tops estimates

Brown Shoe Co., parent of Famous Footwear and Naturalizer shoe stores, said Tuesday that its fiscal third-quarter profit rose to $18.6 million from $16.3 million, topping analysts estimates.

St. Louis -- Brown Shoe Co., parent of Famous Footwear and Naturalizer shoe stores, said Tuesday that its fiscal third-quarter profit rose to $18.6 million from $16.3 million, topping analysts estimates.

Sales in the quarter ended Oct. 30 rose 14.5% to $716.1 million, from $625.6 million.

August 25, 2010

Sears launches shoe website

Sears Holdings Corp. said Thursday it has launched the Sears.com Shoe Experience website....

August 15, 2010

Casual Male opens Big and Tall Destination XL superstore in Las Vegas

Casual Male Retail Group said Monday it has opened its first Destination XL (DXL) men's...

July 7, 2010

Shaun White launches shoe collection at Target

Target is gearing up to launch a shoe collection by Olympic gold medalist and snowboarding...

May 25, 2010

Brown Shoe turns Q1 profit, beats Street

Brown Shoe Co. reported Wednesday that its first-quarter net income rose to $10 million from...

March 7, 2010

Olympian to design new shoe line for Target

Target is poised to gain from snowboarder Shaun White's success at the 2010 Winter Olympics,...

February 28, 2010

Bare Feet Shoes to open at Dover Downs

Philadelphia-based Michael Salove Co. said it has leased a 21,000-sq.-ft. space in the Dover Downs...

July 24, 2008

Report: Marshalls to Debut Shoe Store

The TJX Cos. will open a freestanding shoe store in Yonkers, N.Y., called the Shoe...