US: Slower new store sales push Shoe Pavilion to Q1 loss
By just-style.com | 9 May 2007
Off-price footwear retailer Shoe Pavilion Inc swung to a first quarter net loss blaming slow consumer traffic and ongoing construction in many of the shopping centres where its newest stores are located.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: Shoe Pavilion costs force it into red
Shoe Pavilion has turned in a weaker-than-expected performance in its second quarter, despite a 19.5% rise in net sales over the same period a year before.
US: Shoe Pavilion expecting second quarter loss
Shoe Pavilion said it expects a net loss for the second quarter of approximately $1.0m to $1.2m, negatively impacted by lower than expected sales at the company's newest stores opened in the last 12 months.
US: Shoe Pavilion Q4 sales up 38.6%
Shoe Pavilion has posted a net sales increase of 38.6%, or $11.3m, to $40.8m for the fourth quarter ended 31 December 2005.
