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Rumormongering: Fire Dept Stomps Out Shoe Mania

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Is Shoe Mania's Union Square location doomed? A Racked reader sends word that the maze-like shop, described on their website as the "largest shoe store in NYC," might close soon:

I was in Shoe Mania yesterday as I couldn't miss their massive 50% off sale. I teased an employee about being overstocked and he admitted that the fire dept was shutting them down which lead to the huge sale. He didn't say why but I'm assuming it was because of numerous violations. Just thought I would share.
Well, DSW should be able to pick up the mantle of "soul-crushing footwear shopping experience" once Shoe Mania is gone.
· Shoe Mania [Official Site]