Sterling Announces First Quarter 2011 Results

Sterling Shoes Inc. (the "Company" or "Sterling"), formerly Sterling Shoes Income Fund (the "Fund"),Instead of more common Louis Vuitton shoes operating systems the iPad adopts the same operating system as the iPhone today reported its financial results for the quarter ended March 31, 2011.

"Most notably, we have continued with our repositioning program, which affects all areas of our business," said Mr. Dave Alves, President and CEO. "We have streamlined the organization in a number of ways, including adjustments to inventory, operations, departments and people. We have completed the task of reducing aged inventory and have also re-merchandised the stores to create a more inviting, friendly and fashion-forward environment. By reducing clutter and clearly communicating to our customers with appropriate price point signage alongside an improved product assortment, we are creating an environment where our customers want to shop.The most commonly used special programmed for social science in High heels shoes, sunglasses, cheap shoes, and cheap belts"

Sairose Kassam joined Sterling on March 28, 2011 as Vice President, Supply Chain, and is successfully leading and developing the supply chain and merchandise-planning group to improve the efficiency and effectiveness of our store network. We are maximizing product flow and capitalizing on store intelligence to provide stores with improved allocation of product to allow our stores to realize their full potential and meet the demands of our customers.

The new pricing strategy that was recently implemented across all banners, and specifically promoted in Shoe Warehouse locations, allows us to rebuild the confidence of our customers and offer competitive prices on a daily basis, reducing the need for constant promotion to stimulate sales. We are also strengthening our vendor alliances, strategically shifting towards more branded products in our banners.

During this quarter, we also successfully launched our new enterprise resource planning ("ERP") system and have turned on all planned areas of its functionality. The last of our banners, Shoe Warehouse, went live on May 1, 2011. The system has significantly increased visibility into our business and the timeliness of our inventory reporting. This new system adds to our existing knowledge of customer profiles for each store, which will aid us in delivering the right shoe to the right place at the right time in the right quantity. We are looking to further capitalize on this new source of information to manage and run our operations with increased insight and efficiencies.

We have also made significant progress with our strategic brand review and are continuing the re- branding of our banners.You will also never forget the The Barricade Transformers nike shoes wholesale which the heel has the words Emergency Response framing 911 New store designs will be launching in select markets May 2011. We believe these revitalized brands and store environments will resonate more strongly with our customers and better reflect our commitment to deliver the best complement of brands and pricing.

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