Rogan's Shoes Explained

Rogan’s Shoes
Type:Private
Industry:Retail
Foundation:Established in 1971 in Burlington, WI
Num Locations:28 stores (2024)
Area Served:Wisconsin, Illinois, Minnesota
Key People:Jack Rogan - Founder
Patrick Rogan - President
Products:Shoes and Clothing
Num Employees:~600
Homepage:Rogan’s Shoes

Rogan's Shoes is a shoe store chain headquartered in Racine, Wisconsin. It operates 29 stores in three Midwestern states: Illinois, Minnesota, and Wisconsin. In 2024, what had been a family-owned business was purchased by national retailer Shoe Carnival.[1]

History

Rogan's Shoes was founded in 1971[2] with its first store in Racine, Wisconsin. The chain expanded into the neighboring states of Iowa, Illinois, and Minnesota.[3] Rogan's launched its initial website in 2000 and began selling products online in 2004. The company stayed out of large metropolitan markets until 2008, when it for the first time opened a store in the greater Milwaukee area.[4]

On February 13, 2024, Shoe Carnival announced it had acquired Rogan's Shoes at a price of $45 million.[5]

Founder Jack Rogan had 11 children, several of whom were still involved with the business when it sold in 2024.

Charitable endeavors

Rogan's has teamed up with name brand Skechers to help distribute shoes to low-income areas served by Rogan's locations, including Racine and Kenosha, Wisconsin.[3]

Legal issues

In 2010 customers filed a class-action lawsuit against the company for printing expiration dates of credit cards on receipts, a violation of the Fair and Accurate Credit Transactions Act. Rogan Shoes eventually settled with the lawsuit plaintiff and the class for $16 million, but not in cash, or at least not Rogan Shoes’ cash. The settlement agreement specified that the judgment would be satisfied only through proceeds from Rogan Shoes’ insurance policies, with the exception of an up-front cash payment by Rogan Shoes of $50,000 to cover the named plaintiff's legal costs. As part of the settlement agreement, Rogan Shoes assigned to the plaintiffs all of its “claims against and rights to payments from” its insurer under the policies.[3] [6]

External links

Notes and References

  1. News: Garza . Clarissa . 53-year-old Racine-based Rogan's Shoes acquired by Shoe Carnival . 11 March 2024 . . February 14, 2024.
  2. Web site: Rogan's Shoes - Visit Oshkosh. Visit Oshkosh. October 3, 2017.
  3. News: Rogan Shoes, Incorporated: Private Company Information - Bloomberg. Bloomberg News. October 3, 2017.
  4. News: Rogan's Shoes finds Milwaukee market a good fit. OnMilwaukee.com. Nov 11, 2008. 2019-10-26.
  5. Shoe Carnival Acquires Rogan's Shoes and Announces Full Year Fiscal 2023 Preliminary Results. 13 February 2024 .
  6. https://cases.justia.com/federal/appellate-courts/ca7/11-2790/11-2790-2012-07-27.pdf?ts=1411041862 Travelers Property Casualty and Travelers Indemnity Company, Plaintiffs–Appellants, v. Ross GOOD