Popular Maryland shoe retailer Shoe City is closing all 39 of its stores including 27 in Maryland.
After several years of poor performance, Baltimore-based Shoe City will be closing its doors on Wednesday, May 31. All items are discounted with savings of 50-70%.
Let's take a quick look at the story.
So Long Shoe City
Shoe City is a family-owned business founded in 1949 in Maryland as Eileen Shoes. In 1980 it rebranded to Shoe City. It enjoyed a few decades of success before hitting some financial difficulties.
The shoe giant "incurred consecutive operating losses of $280,000 in the 2020 fiscal year and $ 1.76 million in the 2021 fiscal year."
Last year it was reported that Athletes Foot was interested in acquiring the struggling business, but this didn't eventuate. Shoe City filed for bankruptcy in April and announced that all 39 of its stores across Maryland, Virginia, and D.C. would close on May 31.
Twenty-seven of the stores to close are in Maryland.
"Unfortunately, after 74 years in business, the Shoe City legacy has come to an end," Attorney Stanley W. Mastil, the Chief Restructuring Officer in a bankruptcy filing.
Shoe City "employed 161 full-time employees and 233 part-time employees. About 61 employees worked at the corporate office or warehouse locations." It has yet to be reported what assistance these employees will receive.
Stores in Maryland closing
All stores will close by May 31st and are offering reductions of up to 70% off original prices on the entire stock of athletic footwear and apparel.
- Laurel Shopping Center Shoe City, 357 Montrose Avenue, Laurel, Maryland 20707
- Westfield Wheaton Shoe City, 11160 Veirs Mill Road, Wheaton, Maryland 20902
- Mall at Prince Georges Shoe City, 3500 East-West Highway, Hyattsville, Maryland 20782
- Ellsworth Place Shoe City, 8661 Colesville Road, Silver Spring, Maryland 20910
- Enterprise Plaza Shoe City, 9321 Annapolis Road, Lanham, Maryland 20706
- King Shopping Center Shoe City, 7001 Martin Luther King Jr Hwy, Hyattsville, Maryland 20785
- Largo Town Center Shoe City, 930 Largo Center Drive, Upper Marlboro, Maryland 20774
- Centre at Forestville Shoe City, 3393 Donnell Circle, Forestville, Maryland 20747
- Chesapeake Square Shopping Center Shoe City, 6714 Governor Ritchie Hwy, Glen Burnie, Maryland 21061
- Security Square Mall Shoe City, 6901 Security Blvd, Baltimore, Maryland 21244
- The Shops at Iverson Shoe City, 3737 Branch Avenue, Temple Hills, Maryland 20748
- Patapsco Village Shoe City, 3418 Annapolis Road, Baltimore, Maryland 21227
- Westside Shopping Center Shoe City, 2441 Frederick Avenue, Baltimore, Maryland 21223
- Westside Shopping Center Shoe City Outlet, 2431 Frederick Avenue, Baltimore, Maryland 21223
- Eastover Shopping Center Shoe City, 5125 Indian Head Hwy, Oxon Hill, Maryland 20745
- Mondawmin Mall Shoe City, 2401 Liberty Heights Avenue, Baltimore, Maryland 21215
- Lexington Street Shoe City, 315 W Lexington Street, Baltimore, Maryland 21201
- Reisterstown Road Plaza Shoe City, 6534 Reisterstown Road, Baltimore, Maryland 21215
- Monument Street Shoe City, 2237 E Monument Street, Baltimore, Maryland 21205
- Greenmount Avenue Shoe City, 3211 Greenmount Avenue, Baltimore, Maryland 21218
- Valley Centre Shoe City, 9616 Reisterstown Road, Owings Mills, Maryland 21117
- Erdman Shopping Center Shoe City, 3943 Erdman Avenue, Baltimore, Maryland 21213
- Eastpoint Mall Shoe City, 7839 Eastern Avenue, Baltimore, Maryland 21224
- Parkway Crossing Shoe City, 2333 Cleanleigh Drive, Baltimore, Maryland 21234
- Golden Ring Plaza Shoe City, 8649 Philadelphia Road, Baltimore, Maryland 21237
- Brandywine Crossing Shoe City, 15908 Crain Highway SE, Brandywine, Maryland 20613
- Edgewater Village Shoe City, 1875 Pulaski Hwy, Edgewood, Maryland 21040
Shoe City is the latest retail chain to shut down stores in Maryland. Bed Bath & Beyond and Tuesday Morning have also filed for bankruptcy and announced they are closing all stores in the nation.
Do these store closures affect you? Are you concerned about the number of retail stores closing in Maryland? Should the government offer financial support for struggling businesses or laid-off workers? Do you fear we are heading towards a recession?
Please leave your thoughts in the comment section below and share this article on social media and with others so more people can join the discussion.