Shoe Zone
This coverage explores Shoe Zone’s strategy, operations, and performance within the UK footwear retail market. Reporting highlights store activity, e-commerce initiatives, pricing strategies, leadership decisions, and efforts to adapt to consumer trends and competitive pressures. Tailored for retail executives, brand managers, and operations professionals, the content provides insight into how Shoe Zone manages its value-focused proposition in a changing market.
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Feb- 2021 -12 FebruaryClothing & Shoes
Shoe Zone expects to report £14.6m FY loss
Shoe Zone has announced that ahead of its FY 2020 results, it expects to report a statutory loss before tax of approximately £14.6m an increase from £11.3m in 2019. The group also expects to report revenues of approximately £122.6m, dropping from £162m the previous year. The increase in the anticipated…
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Oct- 2020 -29 OctoberClothing & Shoes
Shoe Zone to close fifth of stores over next two years
Shoe Zone has announced it expects to close a further 90 stores in the next 18 to 24 months, attributing the closures to the continued impact of Covid-19. The shoe retailer said it will close up to 45 stores by April 2021 in a move that will create “numerous” redundancies,…
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Jul- 2020 -3 JulyPeople Moves
Shoe Zone appoints Peter Foot as finance director
Shoe Zone has announced the appointment of Peter Foot as finance director, effective 6 July 2020. Foot will replace Jonathan Fearn whose resignation has been accepted with effect from 31 July 2020. It is intended that Foot will be appointed to the board of Shoe Zone subject to the completion…
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Jun- 2020 -23 JuneCoronavirus
Shoe Zone to make redundancies as 20 shops close
Footwear retailer Shoe Zone has revealed that 20 of its stores will not open post-lockdown, resulting in a number of its staff being made redundant. The news comes after the company reported a loss of £2.5m for the 26 weeks to 4 April 2020, compared with a profit of £1m…
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Jan- 2020 -8 JanuaryClothing & Shoes
Shoe Zone profits slip due to ‘government imposed’ cost increases
Shoe Zone has reported a decrease in profits before tax to £9.6m, down from £11.3m the previous year, attributed to “government imposed increases” in its operating costs, primarily through the impact of increasing business rates. For the year ended 5 October 2019, the shoe retailer reported a 0.9% increase in…
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Oct- 2019 -24 OctoberClothing & Shoes
Shoe Zone revenues up in FY results despite ‘challenging’ second half
Footwear retailer Shoe Zone has reported revenues of £161.9m for the year to 5 October 2019, up from £160.6m in 2018, in its preliminary reports for the trading period. The retailer said trading conditions in the second half of the financial year were “challenging”, but its new ‘Big Box’ store…
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Aug- 2019 -30 AugustClothing & Shoes
Shoe Zone CEO quits amid profit warning
The chief executive of value footwear retailer Shoe Zone, Nick Davies, has resigned from his position with immediate effect, on the same day the company issued a warning that profits will be below expectations. The company revealed that trading conditions since the group’s interim results on 21 May 2019 “have…
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Oct- 2018 -15 OctoberClothing & Shoes
Shoe Zone defies retail blues to report strong summer performance
Shoe Zone has announced a “strong performance” for the current financial year, seeing its revenue rise by almost 2% for the 52 weeks to 29 September. The shoe retailer also announced profits of £11m which it claims were boosted by a strong performance for its summer and spring ranges and…
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May- 2018 -24 MayHigh Street
Shoe Zone’s profit more than triples in latest results
Shoe Zone has announced that its profits have more than tripled in its financial results for six months to 31 March 2018. The value footwear retailer saw statutory profit before tax reach £1m, a marked increase when compared with the £300,000 it posted over the same period in 2017. Shoe…
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10 MayGovernment
Named and shamed: Underpaid retail staff among 200,000 to receive £15.6m back pay
HMRC has identified £15.6m in pay owed to more than 200,000 of the UK’s lowest paid workers, following an investigation from 2017 to 2018. This was an increase from the £10.9m that was owed to 98,000 workers in the previous year. Earlier this year, Karen Millen, Shoe Zone and bedroom…
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