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Published 3 months ago

Rogan's Shoes sells stores to Shoe Carnival for $45 million

Summary by Ground News
Rogan's Shoes is joining the Shoe Carnival family after the retailer purchased all of Rogan's 28 store locations for $45 million. The acquisition is expected to generate around $84 million in sales and approximately $10 million in operating income. The move is part of the company's strategic plan to become the nation's leading family footwear retailer by positioning itself as the market leader in Wisconsin.

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Rogan's Shoes sells stores to Shoe Carnival for $45 million

Shoe Carnival has bought all 28 locations of Rogan's for $45 million.

3 months ago
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