OSHKOSH ― One of the nation’s biggest shoe stores has just acquired one of the state’s oldest.
Rogan’s Shoes is joining the Shoe Carnival family after the nationwide footwear retailer purchased all of Rogan’s 28 store locations for $45 million.
Shoe Carnival announced the move this week as part of the company’s strategic plan to become the nation’s leading family footwear retailer by initially positioning itself as the market leader in Wisconsin.
“Our growth strategy is focused on becoming the nation’s leading family footwear retailer through a combination of organic growth initiatives and M&A activity that expands our geographic footprint and customer base,” said Shoe Carnival President and Chief Executive Officer Mark Worden in a news release.
“Over the past five decades, the Rogan family has built a brand that is well known and trusted throughout the state of Wisconsin.
“As such, they have established a clear market leadership position in Wisconsin for work and family footwear, with a compelling assortment, great customer service, and a highly committed team of employees,” he added.