Monday, December 23, 2024

Shoe Carnival Reopens 389 Stores

by Katie Lee

Evansville, Ind. — Shoe Carnival, Inc., a leading retailer of moderately priced footwear and accessories, has reopened all but one of its 390 stores across the U.S and Puerto Rico amid the global COVID-19 pandemic.

For the fiscal second quarter-to-date, Shoe Carnival has experienced stronger than expected sales with comparable store sales up 28.1% compared to the prior year, with brick-and-mortar comparable sales up 4.0% and e-commerce comparable sales increasing nearly 470%.

“The first half of fiscal 2020 ushered in an unprecedented operating landscape for our business. We pivoted quickly to protect the health and safety of our employees and customers, which has supported the successful, gradual reopening of our stores since late April. As we have slowly re-emerged with heightened safety procedures, we have welcomed back our customers to stores, and as a result, fiscal second quarter-to-date sales have exceeded our expectations. While there are still many unknowns, we are encouraged by these more than positive sales trends and remain committed to meeting our customers’ footwear needs and positioning Shoe Carnival as a leader in the family footwear segment,” says Cliff Sifford, vice chairman and chief executive officer.

As of June 22, 2020, Evansville, Ind.-based Shoe Carnival operates 390 stores in 35 states and Puerto Rico. The company offers online shopping at www.shoecarnival.com.

 

SOURCE: Shoe Carnival, Inc.

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