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Intro

Famous Footwear is a retail store based in America that offers branded footwear at discounted prices. It is currently a subsidiary of Caleres, Inc. and operates more than 1,125 stores across the country. The shoe prices that are offered are those suggested by manufacturers. 

The parent company, Caleres, is the #1 consumer-driven shoe company in America. It has been running stores in the shoe industry for more than 130 years. It prides itself on offering excellent service and high-quality goods. 

History

Famous Footwear was founded by Neil Moldenhauer in 1960 as Neil’s Factory Shoe Outlet. It sold shoes under the name Neil’s Shoes in Madison, Wisconsin. At 29-years old, Moldenhauer financed the store using $10,000 that he had taken on loan. 

In 1964, the shoe store changed its name to Famous Footwear after Moldenhauer opened his second store in Cedar Rapids, Iowa. By 1970, he had 8 shoe outlets operating under the name Neil’s Factory Shoe Outlet and Famous Footwear and was earning up to $1 million in revenues every year. 

By 1974, there were 15 storefronts – all unified under the brand name Famous Footwear. In the same year, two employees Brian Cook and Dave Orfan, and a group of outside investors bought 90% of the store from Moldenhauer through a leveraged buyout. 

The chain store continued to grow and by 1980, it had 36 stores that generated revenues of up to $30 million. Famous Footwear was later acquired by Brown Shoe Company, a shoe company that was based in St. Louis. The new owner quickly set out for rapid expansion and by 1986, there were 230 stores countrywide. 

By the end of 1990, there were 722 stores located in 44 states. The expansion was fueled by financing from Brown Shoe Company. As of 2010, Famous Footwear had 1,126 retail stores in America including 179 thematic outlets and 947 stores. 

Business Directions 

Famous Footwear stocks casual and athletic shoes for the entire family. The styles offered to cater to women, kids, and men. Customers are able to shop from famous brands such as Nike, Vans, Madden Girl, ASICS, Skechers, Sperry, and Converse. Famous Footwear is a leading footwear destination that provides shoes in Canada, the U.S., and through its online stores at FamousFootwear.ca and Famous.com. 

Key Facts

Famous Footwear owns five athletic-inspired stores called “Mind Body and Soul.” They sell products from manufacturers such as Adidas, Mizuno, Brooks, Reebok, Nike, and Asics to show their commitment to customer service and training. 

Mission and Vision

Famous Footwear upholds the following core values: Passion, Curiosity, Accountability, Creativity, and Caring. 

FAQ

What is the most famous footwear brand? 

The most famous footwear brands include Nike, Adidas, Jordan, Reebok, Converse, Vans, Under Armour, and Puma. 

Is Famous Footwear reliable? 

Famous Footwear has an overall rating of 2.3 stars from 89 reviews left by customers. This shows that most shoppers are generally dissatisfied with their experience with the store. 

Does Famous Footwear sell dudes? 

Famous Footwear offers shoes for men in different colors, trends, brands, and styles. The shoes are available in all sizes and are made for every man.

Locations: 566 locations in 50 states and 462 cities.

Categories

  • Shoe Stores
  • Sportswear

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