Brown Shoe Co. Sells Shoes.com

Brown Shoe, owner of the Famous Footwear retail chain, sold its Shoes.com online division to a closely held Seattle company pushing into a market led by Amazon.com and Foot Locker. Shoeme, parent of OnlineShoes.com and Shoeme.ca, is purchasing Shoes.com for an undisclosed price, the companies said in separate statements. The web domain name shoes.com alone is worth $630,000, according to siteprice.org, based on search engine visibility and traffic.