Shoe Carnival Acquires Shoe Station

Shoe Carnival Acquires Rogan's Shoes for $45M

February 14, 2024

Retail

Shoe Carnival, Inc. acquired Rogan's Shoes, a 53-year-old family and work footwear retailer operating 28 stores across Wisconsin, Minnesota and Illinois, for $45 million in an all-cash transaction. The acquisition is expected to be immediately accretive to fiscal 2024 results (approx. $84M in sales and $10M in operating income) and expands Shoe Carnival's presence in Wisconsin and into Minnesota while integrating Rogan's into the Shoe Station banner.

CriticalPoint Capital Acquires Shoes.com from Walmart

October 13, 2020

E-Commerce

Affiliates of CriticalPoint Capital completed the acquisition of Shoes.com from Walmart on October 13, 2020. CriticalPoint plans to support Shoes.com's next phase of growth by optimizing product assortment, improving the e-commerce shopping experience, and leveraging operational capabilities.

Arklyz Group / The Athlete's Foot Acquires Shoe City and ycmc.com

May 25, 2022

Retail

Arklyz Group, owner of The Athlete's Foot, has acquired Shoe City, a Baltimore-based sneaker and streetwear retail chain, together with its online platform ycmc.com. The acquisition adds approximately 40 retail locations in the DC-Maryland-Virginia (DMV) region and aims to accelerate omnichannel growth by integrating Shoe City into The Athlete's Foot organization.

JD Sports Fashion plc Acquires Hibbett, Inc.

July 25, 2024

Retail

JD Sports Fashion plc (JD) completed the acquisition of Hibbett, Inc., an athletic-inspired fashion retailer headquartered in Birmingham, Alabama, for $87.50 per share (enterprise value ~ $1.1 billion). Hibbett will become part of JD's North American platform while maintaining its Birmingham headquarters and current leadership team.

Foot Locker Acquires Hispanic-Focused Retailer WSS from Riata Capital Group

September 20, 2021

Retail

Foot Locker agreed to acquire West Coast footwear and apparel retailer WSS from Dallas-based private equity firm Riata Capital Group for $750 million. The acquisition expands Foot Locker's portfolio and footprint in Hispanic-focused, inner-city markets and is expected to accelerate WSS's unit growth and omni-channel initiatives.

Fleet Feet Acquires Marathon Sports

June 16, 2022

Retail

Fleet Feet, the largest franchisor of locally owned running stores, has agreed to acquire New England-based Marathon Sports, including its soundRUNNER and Runner's Alley brands and e-commerce business. The deal—timed with the retirement of Marathon Sports owners Colin and Penny Peddie—will keep Marathon Sports as a wholly owned, separately operated subsidiary headquartered in Waltham, Massachusetts; financial terms were not disclosed.