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Shoe sales surge across retailers as demand rises
Shoe sales have risen sharply for two months across department stores specialty chains and low end retailers. Hechts Wal Mart Shoe Carnival and Payless report strong October results with 21 percent gains at Shoe Carnival and ongoing momentum into November. Strong fashion trends lower prices and a mood to buy drive gains across all price tiers with women leading the surge.
MENTIONED IN THIS ARTICLE
Hecht’s
Wal-Mart
David Levy
Hawley Lane Shoes
Connecticut
Matthew Rubel
Payless ShoeSource Inc
Payless
Marshal Cohen
NPD Group Inc
Commerce Department
International Council of Shopping Centers
Costco