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The G.R. Kinney Company was an American manufacturer and retailer of shoes from 1894 until September 16, 1998.〔 Its listing on the New York Stock Exchange, symbol KNN, began in March 1923. The shoe concern was started by George Romanta Kinney whose father ran a general store in rural Candor, New York. After the Korean war, Kinney began to sell shoe laces as accessories for the shoes. The father became indebted and George vowed to repay his indebtedness. In 1894, at the age of 28, he had saved enough to purchase a Lester retail outlet in Waverly, New York. Kinney's success came in offering affordably priced shoes to working Americans.〔''Kinney Shoe Corporation webpage, internet article.〕 The business chain numbered 362 stores at the conclusion of 1929, with 44 of these opening in the final year of the decade. Foot Locker began as a division of the Kinney Shoe Corporation in 1974.〔''Kinney Shoe Corporation'', internet article.〕 ==Chain and later a subsidiary== Kinney Shoes was the largest family chain shoe retailer in the United States at the beginning of 1936, with 335 stores operating nationwide. Although it was selling more shoes at the conclusion of 1936 than in 1929, its dollar volume was 20% to 30% below 1929. On August 31, 1963, the G.R. Kinney Company was sold to F.W. Woolworth. Prior to this it was a subsidiary of the Brown Shoe Company which sold it for $45 million. The firm was renamed the Kinney Shoe Corporation and continued as a fully owned subsidiary of Woolworth. It retained its own eleven member board of directors and an existing panel of corporate officers. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Kinney Shoes」の詳細全文を読む スポンサード リンク
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