Teddy Shoes opened its doors in April of 1957. Much has transpired throughout our 60 year history. My father Theodore ( AKA Teddy ) began the business after completing a mangement trainee program at Filene’s Basement in downtown Boston. With an $11,000 investment and an obligation from his parents to pay rent only if he was able to make money, the legacy of Teddy Shoes began. At one time in its existence, there were 16 different shoe stores that were competing with Teddy Shoes. What enabled the business to survive and actually thrive were the connections Ted had with the factories that would provide closeouts and seconds that provided the latest fashions to our clients at a fraction of the prices our competitors were charging.
In August of 1978, the business had three locations — Cambridge, Somerville and Watertown. His son, Steve had just finished his first year out of college working as an assistant food service manger at the Univeristy of Miami in Coral Gables, FL working 70 hours a week. Ted made his son a proposition to join the family business, and as they say, the rest is history.
In 1993, the nature of the business changed as factory seconds dried up, and competition became more keen. Steve decided to develop a niche business by focusing on dance shoes and apparel. The family-run business has morphed from a busy three store operation into a single location dance enterprise that serves the greater Boston metroplitan community.
As part of our celebration for our 60 year anniversary, this month we will be offering $6 shoes to our clients. All sales are final; only selected styles and styles are available. Layaways are exluded, cash is preferred and offer expires July 31.