We are delighted to become part of Shoe Carnival, and I cannot wait to partner with Mark and his talented team to unlock more exciting opportunities to come.” “Taken together, the two brands create a winning customer value proposition. “Shoe Carnival brings infrastructure and financial backing to significantly accelerate our Shoe Station brand growth,” said Mr. Brent Barkin will continue to lead Shoe Station while focusing on new business growth opportunities for the combined Company. Barkin, has been with Shoe Station for over twenty years. ![]() Barkin, the son of Shoe Station’s founder Terry S. Brent Barkin, will become the Company’s Senior Vice President, New Business Development & Integration, reporting to Mr. Shoe Station’s current President and Chief Executive Officer, G. Shoe Station has a strong track record of capitalizing on emerging footwear fashion trends and introducing new brands to its customers. The addition of a new brand and new retail locations to the Shoe Carnival portfolio creates a complementary retail platform to serve a broader customer base across both urban and suburban demographics. With this acquisition, the first in its history, the Company will own and operate Shoe Station’s locations across the Southeast. “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.” “We are excited to welcome Shoe Station to the Shoe Carnival team,” said Mark Worden, Shoe Carnival’s President and Chief Executive Officer. ![]() The Shoe Station assets were acquired for $67 million, subject to customary adjustments, funded through cash on hand. ![]() Shoe Carnival, Inc., a leading retailer of footwear and accessories for the family, announced today that it has acquired substantially all of the assets of privately-held, family-owned Shoe Station, Inc., which operates stores in five Southeastern states.
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