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Shoe Carnival Sees ‘Minor’ Uptick in Social-Occasion Shoes

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Strong athletic sales, reduced promotional activity and a booming e-commerce business coalesced to boost Shoe Carnival’s fourth quarter sales to record numbers. As it predicted in February, the shoe retailer finished the quarter ended Jan. 30 with net sales of $253.9 million, a 5.8 percent increase compared to the year-ago period. Comparable store sales rose…

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