JD Sports Purchases California-Based Shoe Palace
PYMNTS
DECEMBER 15, 2020
California-based Shoe Palace was started in 1993 by the Mersho family. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. Furthermore, many put and call options have also been agreed, to allow for exit opportunities at a later time for the Mersho Brothers, the announcement stated.
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