Word: florsheim
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Dates: during 1990-1999
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...Galleria is so ghostly quiet you're tempted to do a grave dance and let it echo to the rafters. It has the feel of a thousand downtown shopping districts sucked dry by indistinguishable beasts like this one. Foot Locker, Structure and Florsheim Shoes sit empty. Victoria's Secret is naked. Only a handful of the 120 stores are still open, Orange Julius and Howick's Fine Gifts & Jewelry among them, but they'll soon be gone, and an 18-month renovation will turn the space into an office center with a few shops and restaurants...
...some companies, debt was a by-product of attempts to escape takeover raids. Interco, a St. Louis-based conglomerate whose holdings include the Converse and Florsheim shoe companies, borrowed $1.9 billion in 1988 to fend off a hostile bid. Interco said last month that it was willing to give creditors a controlling interest in the firm to avoid bankruptcy court...