Florsheim Shoes has retained the services of asset disposition company Hilco Merchant Resources to help liquidate the inventory of 131 Florsheim Shoe Stores across 33 states. The 110-year-old shoe maker and retailer applied for Chapter 11 bankruptcy protection on 5 March after four years of losses. It agreed to sell its domestic wholesale business, related assets and some of its retail stores to Weyco Group Inc for around $47m.