Shoe Palace is a privately owned business with a strong geographic footprint in the western United States. The company is the destination for all things athletic, including shoes, apparel, and accessories. This is where you’ll find the trendiest brands. The shoe selection is enormous, and you can shop for all the latest styles. You’ll be able to find the perfect pair of running shoes to meet your style. There are many reasons to love Shoe Palace, and we’ve listed them below.
Shoe Palace is a privately-owned business
The first retail location for Shoe Palace opened in October 2003, at the Oakridge Mall in San Jose. The Mersho family had attempted to open a mall location for years, but most malls chose larger, more established competitors. However, when Oakridge was undergoing a major renovation, the leasing manager approached the Mershos, convinced them to lease the space and begin operations. Now, Shoe Palace has several retail locations in California, including Los Angeles and New York City.
Despite being a privately-owned company, Shoe Palace has been ranked among the Best Retail Companies to Work For in the San Jose, CA region. According to Zippia, Shoe Palace is a great place to work, with a diverse staff and a low turnover. The company is managed by four brothers from the Mersho family. The average tenure is 2.1 years, and the average salary is $28,257.
The Mersho family first started selling their shoes at a local flea market. Soon, they grew more popular and grew their sales. Eventually, they opened a second location, with more than two dozen employees. The company has more than 160 retail locations, mostly in the Bay Area and California. Its employees now number approximately two hundred and twenty. In addition to selling shoes, Shoe Palace also carries athletic wear, sandals, boots, and athletic shoes.
JD Sports Fashion acquired Shoe Palace and The Finish Line in June 2018. The two companies will now operate as a single company under JD. The company paid $558 million for both companies and purchased a 20 percent stake in Genesis Holdings. Genesis Holdings is estimated to be worth $356 million at an initial valuation. JD’s purchase price includes $100 million of deferred payments over the next year.
It is a destination for women’s shoes
If you’re looking for the latest trends in women’s footwear, Shoe Palace is the destination. The store carries the latest styles and designs from the biggest brands in athletic fashion. From Nike to Jordan Brand to Adidas to Puma, Shoe Palace has them all. It also carries popular brands such as Converse, Reebok, and Lacoste. You’ll also find exclusive designed pieces.
In addition to carrying high-end brands, Shoe Palace is also known for its employee-friendly environment. Employees at the company enjoy a positive work environment and receive excellent benefits. In fact, the company prides itself on providing employees with the “Ultimate Experience.” This explains why the company hires San Jose State University graduates. According to Zippia, 17.0% of the Shoe Palace team members attended a local university.
It offers a vast selection of footwear
Whether you’re looking for a pair of flats, heels, boots, or shoes, Shoe Palace has it all. The company’s vast selection of styles, colors, and materials can satisfy any taste. They also offer cash back offers and savings tips for their customers. These deals can be paired with a promo code, and they’re free to join! Plus, they can save you money too!
You’ll find every major brand of athletic shoes, sneakers, and apparel, plus a slew of accessories. The store was started as a small family-run business and has grown into a highly reputable retail outlet. It’s renowned for its high-quality service and attention to detail. Staff members are trained to assist you in your choice, and the store also carries high-end brands.
The store offers exceptional customer service, and their friendly staff will process your order quickly. You can even get in touch with Shoe Palace through their Facebook and Instagram accounts. The store offers special deals and promo codes for Black Friday. You can save a ton of money on all of your favorite styles! If you want to save more money, try shopping during Cyber Monday, where many items are discounted even further! There’s no reason not to check out this sale at Shoe Palace!
Founded in 1993, Shoe Palace is a family-owned company with locations throughout California. Founded by the Mersho family, this store offers superior service and a great selection of footwear at reasonable prices. Whether you’re looking for a stylish pair of athletic shoes, a pair of casual sneakers, or a great pair of dress shoes, Shoe Palace has something for everyone. You’ll find the perfect pair of shoes at an affordable price at Shoe Palace.
It has a strong geographic footprint in the west
In its recent acquisition of the California-based Shoe Palace, JD Sports Fashion PLC has added 167 new stores to its west coast footprint. While the FTSE 100 sports retailer originally opened only one store in 1993, the chain has since become one of the country’s leading independent footwear retailers, with a strong geographic footprint in the west. The deal is expected to further strengthen the company’s position in this region, as JD has access to many special collaborations and exclusive products. Additionally, the Mersho family will continue to run the business.
JD Sports has been supporting the retailer community through its “growing” e-commerce platform. The company runs its own sophisticated on-line retail portals in more than a dozen countries and offers express shipping for members of its Status loyalty scheme in the U.S. and Canada. With this support, a merger between the two companies seems likely. It is also possible that JD Sports will merge with Shoe Palace to enhance its e-commerce presence.
Founded in 1993 by the Mersho family, the brand has stores throughout California and Nevada. Other locations can be found in Arizona, Florida, Texas, and New Mexico. It has over 800 locations throughout the United States. The Mersho brothers plan to continue running the business. They expect that this acquisition will further strengthen the company’s position among Hispanic consumers. If the Mersho brothers are successful in the sale, the company will be able to expand its geographic footprint and build a stronger presence across the western United States.
The acquisition of Shoe Palace was completed at a price of $325 million. The price includes customary money/debt changes and dealing capital adjustments. A portion of the payment will be deferred until the end of the year, with the remaining $100 million to be paid in installments over the next year. The Mershon Brothers are also being issued a 20% stake in the enlarged Genesis enterprise.
It has an outstanding reputation
One of the fastest-growing athletic footwear retailers in the United States, Shoe Palace recently upgraded its video surveillance system. A tech team was looking to replace an analog system that had reached the end of its useful life. Two digital video offerings were chosen and tested by the Shoe Palace tech team. Both offerings met the company’s high-quality standards. The new system has a host of benefits, including video recording and playback, as well as remote viewing.
Founded in 1976, Shoe Palace has been a trusted name in the footwear industry for many years. Its company values revolve around providing fast, friendly customer service, focusing on consumer needs, and offering the largest selection of shoes at the lowest prices. As a result, the company quickly grew and now boasts nearly 20 retail locations throughout California. And because of its outstanding reputation, it has become a household name!
Shoe Palace has been around for 27 years and has a reputation for offering high-quality athletic footwear to both professionals and general consumers. Its founders, the Mersho family, still run the company, launched it as a small, family-run business, and grew from there. By 2009, the company had 20 stores. By 2014, it had 50 stores, and it’s now registered with 200 locations across the USA. With locations nationwide, Shoe Palace offers a wide selection of athletic and casual footwear from top brands, like Jordan, Converse, Nike, and Under Armour.
After several trials of video surveillance systems, Shoe Palace selected March Networks as its provider. While March Networks was not available in the initial evaluation process, the company’s Command Mobile solution received positive reviews a year later. It’s been a successful partnership since then, and the company plans to install the solution across the chain. In the near future, Shoe Palace will be converting its stores to a new, secure video surveillance system.