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January 05, 2012 Boots Drag Down Shoe Carnival Comps, Sales in Q4
An unseasonably warm Nov. and Dec. in the U.S. negatively impacted the 328-door chain’s same store sales and revenues during the first two months of the fourth quarter. Yue Yuen’s Annual Profit, Gross Margin Dragged Down by Labor Costs
Annual net income at the globe’s largest producer of footwear fell 2.5% to $483.5 million from $495.8 million for the 12 months ended Sep. 30. Freedom Group Names Bob Nardelli as CEO
He had been named interim CEO by Cerberus Capital following the resignation in Sept. of 2010 of Ted Torbeck. The Walking Company Reports FY11 Sales
The 209-door specialty footwear retailer says it had a profitable 2011 as annual sales rose 7% to $201.5 million. Report: New Balance Will Open Hometown ‘NB Experience’ Store
The Boston company will open a 2,500-sq.-ft. New Balance Experience store on the city’s Boylston Street in Copley Square near the finish line of the Boston Marathon, according to a report by the Boston Herald.
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