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The Shoe Company is a Canadian shoe store, originating in Greater Toronto Area in 1992. From its inception, The Shoe Company was operated by conglomerate Town Shoes . The founder of Town Shoes, Leonard Simpson, had predicted a growth opportunity for footwear to be sold in a big box format.
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In 1959, he became the first North American retailer to bring Italian-made shoes to Canada. [3] Today, Browns Shoes is a nationwide shoe retailer, with 67 stores across Canada. Morton Brownstein remained the company's president until 1999, when he ceded the presidency of the company to his son, Michael.
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The store was located in the southeast corner of Calgary, at Centre Street and Glenmore Trail. Following rapid expansion, the company became publicly traded in 1981, with an initial public offering worth $14,000,000. In 1995, the Board of Directors appointed Garth Mitchell as President and Chief Operating Officer of the company.