Caleres Buys Allen Edmonds for $255 Million

Total Retail’s Take: During its time as owner, Brentwood Associates grew Allen Edmonds’ brick-and-mortar footprint from 45 stores to 70, and increased the brand's e-commerce business by 20 percent per year. Allen Edmonds seems like it will fit right in with Caleres’ — known as Brown Shoe Co. until last year — portfolio of shoe brands.