Shoe Pavilion to hold Shareholders Meeting in Burbank
19 Jun '06
3 min read
Mr. Beinus commented during the presentation, "I am pleased with the progress that we have made in 2005 and thus far in 2006 in repositioning our Company. Our new Board Members bring substantial experience in multi-unit retailing and important corporate governance skills to Shoe Pavilion.
We have successfully opened eight new stores in our larger format to date and are on track with our goal of opening 20 new stores this year. We are well underway in finalizing our new store pipeline for 2007. Thus far through the second quarter, we have achieved positive comp store sales for each month on top of an 8.2% comp store sales performance for the second quarter of last year."
Shoe Pavilion is a leading independent off-price branded footwear retailer in the Western United States. It offers a broad selection of women's, men's and children's designer-label and branded footwear, typically at 20% to 60% below department store regular prices. The Company has 95 stores in California, Washington, Oregon, Arizona, Nevada and Texas.
marketing@alchempro.com
