AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Footstar Inc. to Shed Leased Shoe Departments at Two Retail Chains.
Byline: Lauren Coleman-Lochner
Jun. 26--Footstar Inc., working hard to reboot its business with its largest customer in bankruptcy, said this week it would close its money-losing leased shoe departments in Steinmart and Variety Wholesale Distributors stores.
Leaving those businesses will subtract $11 million, or 54 cents per share, from Footstar's pretax second-quarter profit.
Mickey Robinson, Footstar's chairman and CEO, said in a statement that the businesses to be closed are expected to lose 5 cents per share for the first half of 2002.
Footstar operates the leased shoe departments in more than 400 Variety Wholesale Distributors stores …
-
- Q2 2005 Retail Ventures, Inc. Earnings Conference Call - Final.
-
News wire article from: Fair Disclosure Wire
September 8, 2005
700+ words
-
- Q4 2005 Retail Ventures, Inc. Earnings Conference Call - Final.
-
News wire article from: Fair Disclosure Wire
April 13, 2006
700+ words
-
- Dillard buys 12 Stix, Baer units.
-
Magazine article from: Footwear News
Law, Dennis
February 6, 1984
700+ words
-
- Morse may win, Baker lose in Gold Circle sale. (Morse Shoe Co., J. Baker Inc.)
-
Magazine article from: Footwear News
Wessling, Jack
September 12, 1988
700+ words
-
- Footwear garners 9% of McRae's annual sales. (department stores)
-
Magazine article from: Footwear News
Warren, Kathleen
November 28, 1988
700+ words
