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Shoe Carnival Acquires Shoe Station for $67 Million

Shoe Station’s CEO will remain with the organization

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Shoe Carnival (Evansville, Ind.) has announced its acquisition of Shoe Station Inc., which operates five locations in the Southeastern U.S., according to a company press release. The family-owned, privately held business was acquired for $67 million. Through the acquisition, Shoe Carnival will begin operating Shoe Station’s locations.

Shoe Carnival’s President and CEO Mark Worden says, “We are excited to welcome Shoe Station to the Shoe Carnival team … Coming on the heels of our best quarter of our best year in our 43-year history, this deal accelerates our journey toward becoming a multi-billion dollar retailer in the years ahead.”

Shoe Station’s CEO and President, G. Brent Barkin, will become Shoe Carnival’s Senior VP, New Business Development & Integration.

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