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Shoe City Corp

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BUSINESS
March 2, 1992 | Associated Press
Pic 'N' Pay Stores Inc., a Southeast shoe chain, has agreed to pay $27.2 million for bankrupt Shoe City. A bankruptcy court Friday awarded the acquisition to Pic 'N' Pay over Shoe City founder Albert Capp after the offer won the backing of a creditors committee and Shoe City's largest creditor, the Bank of New York. Under the Pic 'N' Pay offer, unsecured creditors of Montgomery-based Shoe City are to receive about 90 cents on the dollar. Shoe City has 325 stores in 11 Southeastern states.
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BUSINESS
April 8, 1997 | JAMES S. GRANELLI
Shoe City, a chain of athletic shoe stores, agreed to pay $85,000 in penalties, restitution and costs to settle allegations of false and misleading advertising. Shoe City, based in Fullerton, didn't admit any wrongdoing in settling a civil lawsuit brought last week by the Orange County district attorney's consumer protection division.
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BUSINESS
April 8, 1997 | JAMES S. GRANELLI
Shoe City, a chain of athletic shoe stores, agreed to pay $85,000 in penalties, restitution and costs to settle allegations of false and misleading advertising. Shoe City, based in Fullerton, didn't admit any wrongdoing in settling a civil lawsuit brought last week by the Orange County district attorney's consumer protection division.
BUSINESS
March 2, 1992 | Associated Press
Pic 'N' Pay Stores Inc., a Southeast shoe chain, has agreed to pay $27.2 million for bankrupt Shoe City. A bankruptcy court Friday awarded the acquisition to Pic 'N' Pay over Shoe City founder Albert Capp after the offer won the backing of a creditors committee and Shoe City's largest creditor, the Bank of New York. Under the Pic 'N' Pay offer, unsecured creditors of Montgomery-based Shoe City are to receive about 90 cents on the dollar. Shoe City has 325 stores in 11 Southeastern states.
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