Shoe Pavilion, the off-price footwear chain, has filed for bankruptcy protection.

The info was revealed in a company document filed today with the U.S. Securities and Exchange Commission. The retailer filed for Chapter 11 bankruptcy on Tuesday.

The company has more than 100 stores in seven western states, including three stores in Orange County in Irvine on Barranca Parkway, Huntington Beach at Bella Terra mall and Lake Forest at the Orchards at Saddleback shopping center.

Sales at stores open at least a year, considered a key gauge of a retailer’s health, fell 16.5 percent for the quarter ended March 29. The results were primarily due to a “difficult retail environment,” according to an SEC document. 

The retailer sells brands like Kenneth Cole Reaction, Steve Madden, Adidas, Anne Klein, Bandolino at 20 to 60 percent below regular department store prices.

Since the fourth quarter of fiscal year 2007, the company expanded its merchandise offerings to include apparel and fragrances and more recently, sunglasses and jewelry.

(Photo from Shoe Pavilion Web site.)

More from OC Retail:

• Mervyns to close stores
• Target to relocate two O.C. stores to bigger buildings
• First outlet mall in O.C. hoping to get stores like Carlsbad
• New mall near O.C. getting Trader Joe’s, Pinkberry, H&M & more
• Discount clothing chain files for bankruptcy
• Shops at Mission Viejo, Westminster Mall get new stores 
• Circuit City to open first 2 O.C. stores in new format
• Hair salon chain to close up to 160 stores
• Bankrupt Linens ‘n Things wants to close more stores
• South Coast Plaza inks deals to replace 2 closed stores  

For more from OC Retail, see list of links on right-hand side of this blog.

Posted in: Bankruptcy News |

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