USA: Shoe Pavilion Suffers Slip In Q2 Sales
Off-price footwear retailer Shoe Pavilion Inc on Friday posted a 3.7 per cent slip in second quarter net sales to $22.7 million from $23.6m in the year-ago period. The California-based operator of 82 outlets said net sales at its stores and Gordmans licensed shoe departments were $20.5m and $2.2m, respectively, compared to $19.6m and $4m, respectively, in 2001.