Wolverine Eyes Expansion, Omnichannel Initiatives

Leading branded footwear company Wolverine Worldwide is eyeing 2015 as a year to focus on omnichannel and expansion. The parent company of Stride Rite, Merrell and other brands says it's poised to realign its resources to address a fundamental shift in consumer shopping behavior and allow for greater focus on important omnichannel initiatives. The Michigan-based company also said that its fourth quarter net income rose as sales climbed in every region except North America.