Australia's retail environment has been brutal for many operators, but shoe retailer and distributor RCG Corporation has managed to weather the storm well and...

Australia's retail environment has been brutal for many operators, but shoe retailer and distributor RCG Corporation has managed to weather the storm well and has continued to grow profits. With a strong balance sheet and cashflow, a record of excellent financial performance and a healthy dividend yield, we think RCG is a good option for income investors. The group's financial performance in 2014 was strong, despite the challenging retail environment, with net profit up 11.2%. The Athlete's Foot increased like-for-like sales by 2.7%, and total sales were up 3% to $210.7 million, helped by its strong market position, fitting innovation and a focus on service. Read more on RCG (VIEW LINK)