Shoe Zone Tips to a Loss After Shutting 31 Shops in a Year

Shoe Zone to close 18 more branches after shutting more than 30 so far - The Mirror

The chain has announced further closures after tipping into a loss

Shoe Zone tips to a loss after shutting 31 shops in a year

Shares in the footwear retailer plunged by a fifth on Wednesday after it also downgraded its annual profit outlook.

Huge shoe chain with 278 shops shut over 30 stores in store shake-up

Alamy A BIG shoe chain has shut more than 30 stores over the past year, it has been revealed. Shoe Zone has shuttered 31 of its stores in that time, after saying it would close “unviable” sites due to the increase in National Insurance contributions for employers. AlamyFootwear company Shoe Zone has shuttered more than 30 of its locations over the year[/caption] It has also blamed soaring business rates, wage hikes, lower customer spends and poo…

Shoe Zone shares slump as retailer reveals losses and scraps dividend

Shoe Zone said it had been forced to close 'a number' of stores following higher costs announced in the Autumn Budget

Shoe Zone lowers outlook as it goes into the red

Revenue of £71.5m was down 6.5% year on year for the period. Store revenue fell 10.3% to £53.3m, as Shoe Zone traded out of 31 fewer stores compared with Footwear retailer Shoe Zone has posted a loss before tax of £2.3m for the 26 weeks to 29 March 2025, after making a profit of £2.6m for the same period in the preceding year and a profit of £10.1m for the full year to 28 September 2024.

Shoe Zone swings to loss after 'difficult' first half - Retail Gazette

Shoe Zone has swung to a pre-tax loss of £2.3m in the 26 weeks to 29 March, down from a profit of £2.6m, following a “difficult” trading environment in the first half. The retailer said it delivered a “satisfactory performance” in the period against the continuing backdrop of weak consumer confidence and macro and global economic volatility. Sales for the shoe brand dropped 6.5% to £71.5m, dragged down by a 10% fall in store revenue to £53.3m fr…