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Famous Footwear sales fell 4.8% year over year (Y/Y), with comparable store sales up 2.5% Y/Y. ... on our gross margin as we take action to move through excess inventory and position ourselves ...
A store in Hillsboro, Oregon. By 1974, all stores in the chain—which then consisted of 15 stores—were unified under the Famous Footwear banner. [4] Ninety percent of the chain was purchased from Moldenhauer that year by a leveraged buyout led by longtime employees Dave Orfan and Brian Cook, along with a group of outside investors. [4]
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The St. Louis-based footwear company, which owns Famous Footwear, Allen Edmonds, Sam Edelman and more brands, reported that Q2 net sales were up 9.3% from last year, coming in at $738.3 million.
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. [4] [5] Founded in 1878 as Bryan, Brown & Company in St. Louis, it underwent several name changes; [6] for a time, the Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America.
By the 1980s, Melville was still the largest footwear retailer in the US. The company had diversified to add such chains as Chess King, Foxmoor and CVS Pharmacy. It began to phase out six of its seven footwear factories in 1983, and in 1985 it closed 72 Thom McAn outlets. In 1988, it purchased the athletic shoe chain FootAction. [1]
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