Shoe Carnival Appoints Footwear Industry Veteran as Vice President Divisional Merchandise Manager
October 14 2016 - 10:21AM
Business Wire
Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of
moderately priced footwear and accessories announced the
appointment of Clint Pierce as Vice President Divisional
Merchandise Manager for Athletic footwear, reporting to Carl
Scibetta, Executive Vice President, Chief Merchandising Officer.
Mr. Pierce joined the Company on September 21, 2016, and will
oversee the Company’s athletic footwear category for the entire
family.
“We are very excited to welcome Clint to our Shoe Carnival team.
His extensive athletic footwear industry expertise will further
strengthen our merchandise team and help us continue to provide
families with a leading selection of branded athletic footwear at a
compelling value,” said Cliff Sifford, Shoe Carnival’s President
and CEO.
Mr. Pierce joins Shoe Carnival with over 25 years of experience
in the footwear industry. Most recently, Mr. Pierce served as
Senior Vice President General Merchandise Manager for Footwear and
Apparel at Sports Authority. Over his fifteen year tenure at Sports
Authority he held key leadership positions of increasing
responsibility including Senior Vice President General Merchandise
Manager for Hardlines and several Buying and Divisional Vice
President positions.
Mr. Pierce stated, “I am thrilled to have the opportunity to
join Shoe Carnival. I look forward to working with Carl and the
merchandising team to leverage my athletic footwear experience as
we execute on strategic growth initiatives to deliver the best
assortment of branded footwear for the entire family.”
About Shoe Carnival
Shoe Carnival, Inc. is one of the nation’s largest family
footwear retailers, offering a broad assortment of moderately
priced dress, casual and athletic footwear for men, women and
children with emphasis on national and regional name brands. As of
October 14, 2016, the Company operates 412 stores in 35 states and
Puerto Rico, and offers online shopping at www.shoecarnival.com.
Headquartered in Evansville, IN, Shoe Carnival trades on The NASDAQ
Stock Market LLC under the symbol SCVL. Shoe Carnival's press
releases and annual report are available on the Company's website
at www.shoecarnival.com.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains forward-looking statements, within
the meaning of the Private Securities Litigation Reform Act of
1995, that involve a number of risks and uncertainties. A number of
factors could cause our actual results, performance, achievements
or industry results to be materially different from any future
results, performance or achievements expressed or implied by these
forward-looking statements. These factors include, but are not
limited to: general economic conditions in the areas of the
continental United States in which our stores are located and the
impact of the ongoing economic crisis in Puerto Rico on sales at,
and cash flows of, our stores located in Puerto Rico; the effects
and duration of economic downturns and unemployment rates; changes
in the overall retail environment and more specifically in the
apparel and footwear retail sectors; our ability to generate
increased sales at our stores; the potential impact of national and
international security concerns on the retail environment; changes
in our relationships with key suppliers; the impact of competition
and pricing; our ability to successfully manage and execute our
marketing initiatives and maintain positive brand perception and
recognition; changes in weather patterns, consumer buying trends
and our ability to identify and respond to emerging fashion trends;
the impact of disruptions in our distribution or information
technology operations; the effectiveness of our inventory
management; the impact of hurricanes or other natural disasters on
our stores, as well as on consumer confidence and purchasing in
general; risks associated with the seasonality of the retail
industry; the impact of unauthorized disclosure or misuse of
personal and confidential information about our customers, vendors
and employees; our ability to manage our third-party vendor
relationships; our ability to successfully execute our growth
strategy, including the availability of desirable store locations
at acceptable lease terms, our ability to open new stores in a
timely and profitable manner, including our entry into major new
markets, and the availability of sufficient funds to implement our
growth plans; higher than anticipated costs or impairment charges
associated with the closing of underperforming stores; our ability
to successfully grow our e-commerce sales; the inability of
manufacturers to deliver products in a timely manner; changes in
the political and economic environments in China, Brazil, Europe
and East Asia, where the primary manufacturers of footwear are
located; the impact of regulatory changes in the United States and
the countries where our manufacturers are located; the continued
favorable trade relations between the United States and China and
the other countries which are the major manufacturers of footwear;
the resolution of litigation or regulatory proceedings in which we
are or may become involved; our ability to meet our labor needs
while controlling costs; and future stock repurchases under our
stock repurchase program and future dividend payments; and other
factors described in the Company’s SEC filings, including the
Company’s latest Annual Report on Form 10-K.
In addition, these forward-looking statements necessarily depend
upon assumptions, estimates and dates that may be incorrect or
imprecise and involve known and unknown risks, uncertainties and
other factors. Accordingly, any forward-looking statements included
in this press release do not purport to be predictions of future
events or circumstances and may not be realized. Forward-looking
statements can be identified by, among other things, the use of
forward-looking terms such as “believes,” “expects,” “may,” “will,”
“should,” “seeks,” “pro forma,” “anticipates,” “intends” or the
negative of any of these terms, or comparable terminology, or by
discussions of strategy or intentions. Given these uncertainties,
we caution investors not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
We disclaim any obligation to update any of these factors or to
publicly announce any revisions to the forward-looking statements
contained in this press release to reflect future events or
developments.
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version on businesswire.com: http://www.businesswire.com/news/home/20161014005467/en/
Shoe Carnival, Inc.Cliff SiffordPresident and
Chief Executive OfficerorW. Kerry
JacksonSenior Executive Vice President, Chief Operating and
Financial Officer and Treasurer(812) 867-6471
Shoe Carnival (NASDAQ:SCVL)
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