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Pandemic Erased Famous Footwear’s Strong Start, Caleres Says

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Caleres, the parent company behind Famous Footwear, Allen Edmonds and others, saw its net sales nearly cut in half in the first quarter. In a Nutshell: After shuttering its fleet in mid-March due to the coronavirus pandemic, Caleres has reopened approximately 60 percent of its store base as of June 4, including 555 Famous Footwear…

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