Shoebuy.com is a privately held company in internet with internet employees founded in 1999. Shoebuy.com's reputation score is 41%, which is average.
We say shoo fly don’t bother me to shoebuy.com …
Here’s another internet start-up story that is suffering in reputation despite its existence since 1999. Shoebuy.com sells men, ladies, children’s footwear supplemented by matching accessories, bags and clothing too. Although, consumers are complacent to the human-less or faceless shopping windows of the internet today. These organisations are still run by real people, so let’s take a quick look at the COO. Mr Bob Mullaney, is the President and Chief Operating Officer who made an entry into a reputable fashion magazine in the US that covered his position, so he’s obviously a mover or a shaker. He is an industry veteran and been in the business for two decades but in all sincerity that doesn’t mean a thing in business, it’s the results that matters and nothing else.
Shoebuy is actually owned by IAC/InterActiveCorp, they are an US media and internet company and they were busy expanding their portfolio willy-nilly and bought this little nugget in 2006. However, minus the gargantuan owner, their accounts is deplorable with a category of “low” on credit rating, their net operating cash is insufficient at $349.405 to be spliced amongst 150 brands across a hundred countries. That’s just for starters, and their net investing cash was deductible at $(582.721) in 2015. In other words, this company has grown too fast too quickly and now do not have the funds nor the management infrastructure to correct itself. Also, we are currently unable to identify if their acquisition is a tax loss deductible for the future?
So, please do purchase your footwear elsewhere and keep away from shoebuy.com for now, but you never know things may change in the future.
Mr Mullaney did however manage Caleres Inc which was ranking 844 in the Fortune 1000 companies in 2015, then several stints at Brown Shoe Company, The Stride Rite Corporation and Vida Group, which are all doing rather well. So, we have to assume that Mr Mullaney has been brought in to shift the sludge and realistically from a financial viewpoint, it would probably take him 1 to 1.5 years to resolve.
Here are the main gripes for shoebuy.com …
- Hhmm, where do we start with the worst complaints? It's never ever good when you try and fool your customers, so not keen to discover their hidden "restocking fee" of $6.95 per item on returns! Oh, and if you pay by PayPal, you are not entitled to place a new order. Really?
- One that’s screaming from the mountain tops by customers, is their shoes not fitting properly. Then, there are numerous complaints about the wretched customer service to whom basically make things up as they go along, so we can assume that they do not have sufficient systems in place for staff training.
27 May 2016
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Possible negative reviews and complaints for Shoebuy.com
Top 263 Complaints and Reviews about Shoebuy.com
How do I know I can trust these reviews about Shoebuy.com? .... As a past customer of ShoeBuy.com, I ordered two pair of shoes without reading the "fine print".Source