$3.47 million investment
LOUISVILLE, Ky. (Feb. 24, 2017) — Shoemagoo LLC, a retailer of liquidated branded footwear for women, men and children, is considering a $3.47 million investment to relocate its California warehouse and processing facility to Louisville, which will provide significant cost savings on freight and shipping.
The move could create up to 50 jobs in Louisville. Shoemagoo uses a technologically superior platform to purchase, process and sell footwear on multiple eCommerce domestic and international marketplaces and to other companies.
The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $375,000 through the Kentucky Business Investment program.