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Shoes.com

From Alfawiki
Shoes.com
Company typePrivate
IndustryE-commerce
PredecessorShoeBuy.com
Founded1999; 27 years ago (1999) in Boston, Massachusetts, U.S.
Headquarters
Boston
,
United States
ProductsFootwear including shoes, boots, slippers, and sandals
OwnerDesigner Brands, Inc.
Number of employees
Over 200 (2017)
ParentDesigner Brands, Inc.
Websiteshoes.com

Overview

Shoes.com, formerly operating under the name ShoeBuy.com, is a U.S.-based online footwear retailer. Founded in 1999 in Boston, Massachusetts, the company initially launched as ShoeBuy.com. In 2006, ownership transferred to IAC. Later, in December 2016, Jet.com—a Walmart subsidiary—completed the purchase of ShoeBuy from IAC. Reports indicated that Walmart acquired the business for approximately $70 million. By 2017, Shoes.com offered a catalogue exceeding one million items, many of which were also available through Jet.com. Shortly after the acquisition by Walmart, ShoeBuy was rebranded as Shoes.com.

In October 2020, Walmart divested Shoes.com, selling it to CriticalPoint Capital, a private equity firm, with financial terms remaining confidential.

In the second quarter of 2022, ownership changed hands once more when Designer Brands, Inc. took over Shoes.com.

Company Details

  • Former Name: Shoebuy.com (2000–2017)
  • Type: Private
  • Industry: E-commerce
  • Headquarters: Boston, Massachusetts
  • Products: Footwear including shoes, boots, slippers, and sandals
  • Parent Company Timeline:
    • IAC (2006–2016)
    • Walmart (2016–2020)
    • CriticalPoint Capital (2020–2022)
    • Designer Brands, Inc. (2022–present)
  • Number of Employees: Over 200 (as of 2017)
  • Official Website: https://shoes.com

References

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