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Genesco to Acquire Little Burgundy Chain From Aldo Group

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Nashville, TN–Genesco Inc.announced today that its Canadian subsidiary has entered into an agreement with the Aldo Group Inc. to acquire the 37-store Little Burgundy retail footwear chain in Canada.  The transaction is subject to customary closing conditions.  Terms of the transaction were not disclosed. Based in Montreal, Little Burgundy serves …

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Genesco Narrows Q2 Loss, Lifts Full Year Forecast on Improved Sales

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Nashville–Genesco, Inc., which operates Journey, Lids and Underground Station, reported Wednesday a narrowed second quarter loss, reflecting strong revenue growth and an increase in comparable store sales. For the quarter ended July 30, the retailer of branded footwear and apparel said its net loss narrowed to $392,000 or 2 cents …