Mobile-based Shoe Station acquired for $67 million

Acquirer Shoe Carnival is traded on NASDAQ

Shoe Station operates 21 stores in five Southeastern states Shoe Station, a family-owned footwear retailer based in Mobile, has been acquired by Indiana-based Shoe Carnival for $67 million, the two companies announced today. Shoe Station operates 21 locations in five Southeastern states. These stores will continue to trade under the Shoe Station name. Shoe Carnival…

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