Home / Knowledge / News / Fashion / Off-price retailer Shoe Pavilion net sales jump in Sept

Off-price retailer Shoe Pavilion net sales jump in Sept

07
Oct '05
Women's and men's designer label and name brand merchandise firm Shoe Pavilion Inc announced comparable store net sales increased 7.8 percent for the third quarter ended October 1, 2005 from the same period last year. Net sales for the third quarter ended October 1, 2005 increased 20.1 percent to $24.8 million from $20.7 million for the same period last year.

Comparable store net sales for the nine months ended October 1, 2005 increased 9.0 percent from the same period last year. Net sales for the nine months ended October 1, 2005 increased 19.8 percent to $73.1 million from $61.0 million for the same period last year.

During the quarter ended October 1, 2005, the Company opened four new stores and closed two stores in which the leases had expired, bringing the total number of stores the Company operates to 89.

Three of the new stores are located in Nevada. As part of its plan to operate larger stores, the Company relocated one of its stores from a 4,500 square foot location to a new better-situated 19,000 square foot location within the same mall.

In the fourth quarter of 2005, the Company intends to open a new 23,000 square foot store to replace a 7,000 square foot store it closed during the third quarter. In addition, in the fourth quarter of 2005 the Company intends to relocate one of its stores from a 5,000 square foot location to a new better-situated 18,000 square foot location within the same mall.

Off-price footwear retailer Shoe Pavilion is an independent company which offers a broad selection of women's, men's and children's designer label and name brand footwear, typically at 20 percent to 60 percent below department store regular prices for the same shoes.

Shoe Pavilion Inc


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 21st Feb 2020

France unveils environment score system for apparel

France has launched a system under which apparel may now display a...

Pic: Shutterstock

Textiles | On 21st Feb 2020

Indian textiles ministry to back small-scale firms

The Indian textiles ministry will contact small-scale manufacturers...

Pic: Shutterstock

Fashion | On 21st Feb 2020

Sycamore Partners buys 55% stake in Victoria's Secret

Sycamore Partners has acquired a 55 per cent stake in Victoria's...

Interviews View All

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Madhu Sudhan Bhageria,

Madhu Sudhan Bhageria

Incorporated in August 1990, Filatex India Ltd manufactures manmade...

Jos Notermans,

Jos Notermans

SPGPrints is a global provider of integrated solutions for rotary screen...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search