Zappos Competitor Shoes.com Abruptly Shutters All Operations

Another one bites the dust. In a seemingly abrupt move, Canadian e-tailer Shoes.com announced Friday its plans to shutter all operations immediately. The company said it would take all three of its e-commerce properties — Shoes.com, OnlineShoes.com and ShoeME.ca — offline, along with closing the two Shoes.com brick-and-mortar stores in Toronto and Vancouver, Canada. Shoes.com said its employees were made aware of the decision on Friday morning and were compensated through the end of the...

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