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0.000623830318153338 0.0012476606363069 -0.00187149095446046 -0.00062383031815356 -0.00561447286338115 -0.0049906425452277 -0.0137242669993762 -0.00187149095446046
Stock impact report

Shoe Carnival scales back rebrand [Yahoo! Finance]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shoe Carnival is slowing its rebrand of its namesake stores to Shoe Station after finding that in some locations customers didn't respond well to the new merchandising, interim CEO Cliff Sifford told analysts Thursday. Previously the company anticipated that more than 90% of its fleet would operate as Shoe Station stores by the end of fiscal 2028, based on early results as stores were converted. But that success didn't translate to all stores as the project expanded, Sifford said. “The first few stores that we opened up were in great locations that serve a customer with a higher income level, higher demographics,” he said. “And then we started converting Shoe Carnival stores, and I believe that we converted them too quickly, before we did the research on the individual stores. So I think it's a fixable problem.” Recasting the retailer was heartily endorsed by previous CEO Mark Worden, who said last year that it was “crystal clear that Shoe Station is the future of our organic g Show less Read more
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