Content about DSW Inc.

June 17, 2014

DSW Inc.'s Affiliated Business Group and Yellow Box Corporation will open the first-ever Yellow Box store on June 20, at The Falls Shopping Center in Miami.

New York -- DSW Inc.'s Affiliated Business Group and Yellow Box Corporation will open the first-ever Yellow Box store on June 20, at The Falls Shopping Center in Miami. The company is planning  to open Yellow Box stores throughout the United States, starting off with three to five store openings in 2014.

April 17, 2014

DSW Inc. has appointed Mary Meixelsperger as CFO effective May 1.

Columbus, Ohio -- DSW Inc. has appointed Mary Meixelsperger as CFO effective May 1. Meixelsperger replaces Douglas Probst, who is retiring from DSW on the same day.

April 15, 2014

In a move to establish a base in Canada, DSW Inc. has entered into an agreement to buy an approximate 44% stake in Canadian footwear retailer Town Shoes.

Columbus, Ohio -- In a move to establish a base in Canada, DSW Inc. has entered into an agreement to buy an approximate 44% stake in Canadian footwear retailer Town Shoes. The transaction, expected to close in May, is valued at approximately $62 million. Under the agreement, DSW will have the right to purchase the rest of Town Shoes after four years.

April 11, 2014

DSW Inc. is bringing women’s footwear brand Yellow Box into the retail arena.

Columbus, Ohio -- DSW Inc. is bringing women’s footwear brand Yellow Box into the retail arena. DSW’s Affiliated Business Group (ABG) division has entered into an agreement with Yellow Box Corp. to operate stores under the Yellow Box banner. The company plans to open Yellow Box stores throughout the United States, starting off with three to five store openings in 2014.

April 4, 2014

DSW Inc., Designer Shoe Warehouse has announced the opening of a new store in Ponce, Puerto Rico, on April 10.

Columbus, Ohio — DSW Inc., Designer Shoe Warehouse has announced the opening of a new store in Ponce, Puerto Rico, on April 10. As of April 10, DSW will operate 407 stores in 43 states, the District of Columbia and Puerto Rico.

DSW also operates an e-commerce site at DSW.com. In addition, the company supplies footwear to 357 leased locations in the United States under the Affiliated Business Group.

 

April 3, 2014

DSW Inc. is opening three new stores on April 10. The stores will be located in Tempe, Ariz., DeKalb, Ill., and Washington, D.C.

Columbus, Ohio – DSW Inc. is opening three new stores on April 10. The stores will be located in Tempe, Ariz., DeKalb, Ill., and Washington, D.C.

DSW Rewards is a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in a Shoe Lover community on Facebook to receive exclusive offers and giveaways.

March 27, 2014

DSW Inc. opens three new stores April 3. T

Columbus, Ohio – DSW Inc. opens three new stores April 3. The stores will be located in Reading, Pa., Olympia, Wash., and White Plains, N.Y.

DSW Rewards is a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in a Shoe Lover community on Facebook.

March 20, 2014

DSW Inc. plans to open two new stores in Corpus Christi, Texas, and Mentor, Ohio.

Columbus, Ohio – DSW Inc. plans to open two new stores in Corpus Christi, Texas, and Mentor, Ohio. Both stores are scheduled to open March 27.

DSW Rewards is a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in a Shoe Lover community on Facebook to receive exclusive offers and giveaways.

March 18, 2014

DSW Inc. reported a net income increase in the fourth quarter of fiscal 2013 compared to the same period a year earlier, even as net sales dipped.

Columbus, Ohio – DSW Inc. reported a net income increase in the fourth quarter of fiscal 2013 compared to the same period a year earlier, even as net sales dipped. Fourth quarter net income rose 4% to $28.1 million from $27.1 million, while net sales declined 4% to $572 million from $594 million and same-store sales remained flat.

March 13, 2014

DSW Inc. opens a new store in Davenport, Iowa on March 20.

Columbus, Ohio – DSW Inc. opens a new store in Davenport, Iowa on March 20. As of March 20, DSW will operate 398 stores in 42 states, the District of Columbia and Puerto Rico.

DSW Rewards is a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in a Shoe Lover community on Facebook to receive exclusive offers and giveaways.

March 6, 2014

DSW Inc. is opening two new stores on March 14.

Columbus, Ohio – DSW Inc. is opening two new stores on March 14. The stores will be located in Schererville, Ind., and Birmingham, Ala.

Customers will be eligible to participate in DSW Rewards, a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in the Shoe Lover community on Facebook to receive exclusive offers and giveaways.

November 26, 2013

DSW Inc. experienced a successful third quarter of fiscal 2013, with net income and total sales both rising from the same period in the previous year.

Columbus, Ohio – DSW Inc. experienced a successful third quarter of fiscal 2013, with net income and total sales both rising from the same period in the previous year. Net income equaled $55 million, up roughly 10% from $50.1 million, while total sales of $633 million were about 7% higher than $593 million.

In one negative result, same-store sales fell 0.7%. However, the retailer opened 16 new stores and launched new omni-channel initiatives.

October 17, 2013

On Oct. 14, 2013, shareholders of DSW Inc. approved a two-for-one stock split of DSW's common shares, along with approving an increase in the number of Class A common shares authorized for issuance.

Columbus, Ohio - On Oct. 14, 2013, shareholders of DSW Inc. approved a two-for-one stock split of DSW's common shares, along with approving an increase in the number of Class A common shares authorized for issuance. The company plans to effect the stock split on Nov. 2, 2013, by filing an amendment to its articles of incorporation.  

October 14, 2013

DSW Inc. is opening of a new store in Greenville, S.C. on October 17. As of May 18, 2013, DSW operates 377 stores in 42 states, the District of Columbia and Puerto Rico, as well as 348 leased departments for other retailers in the U.S. under the Affiliated Business Group.

Columbus, Ohio -- DSW Inc. is opening of a new store in Greenville, S.C. on October 17. As of May 18, 2013, DSW operates 377 stores in 42 states, the District of Columbia and Puerto Rico, as well as 348 leased departments for other retailers in the U.S. under the Affiliated Business Group.

October 8, 2013

DSW Inc. is increasing its presence in New York City.

Columbus, Ohio -- DSW Inc. is increasing its presence in New York City. The company will open a 27,000-sq.-ft. store on 125th Street in Harlem on Oct. 11, and a 20,000 sq. ft. store at Bay Plaza in the Bronx on Oct. 31.

The new locations bolster DSW's presence in New York City when combined with existing locations at 14th Street/Union Square, 34th Street, and the Upper West Side.

 

October 3, 2013

DSW, Inc. is opening four new stores on Oct. 10.

Columbus, Ohio – DSW, Inc. is opening four new stores on Oct. 10. The stores will be located in Muskegon, Mich., Rochester, Minn., Boardman, Ohio, and Knoxville, Tenn.

Customers will be eligible to participate in DSW Rewards, a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in the Shoe Lover community on Facebook to receive exclusive offers and giveaways.

 

September 27, 2013

DSW Inc., Designer Show Warehouse has announced two new store openings, one in Baltimore, and another in Lafayette, La.

Columbus, Ohio — DSW Inc., Designer Show Warehouse has announced two new store openings, one in Baltimore, and another in Lafayette, La.

DSW operates 385 stores in 42 states, the District of Columbia and Puerto Rico.

 

September 26, 2013

DSW Inc. will open new stores in Baltimore and in Lafayette, La. on Oct. 3.

Columbus, Ohio – DSW Inc. will open new stores in Baltimore and in Lafayette, La. on Oct. 3.

The Baltimore store will be located at 3501 Boston Street and the Lafayette store will be located at 609 Settlers Trace Blvd. Customers will be able to participate in the DSW Rewards loyalty program and also participate in the DSW Shoe Lover community on Facebook to receive exclusive offers and giveaways.

 

September 19, 2013

DSW Inc. is opening a new store in Eatontown, N.J., on Sept. 26.

Columbus, Ohio – DSW Inc. is opening a new store in Eatontown, N.J., on Sept. 26.

The store will be located at 135 Route 35 in Eatontown. Customers will be eligible to participate in the DSW Rewards loyalty program as well as the DSW Shoe Lover program on Facebook which enables them to receive exclusive offers and giveaways, including chances to win free shoes on Facebook each Tuesday.

August 27, 2013

DSW Inc. improved upon its results from the second quarter of fiscal 2012 in the second quarter of this fiscal year, reporting increases in net income, sales and same-store sales.

Columbus, Ohio -- DSW Inc. improved upon its results from the second quarter of fiscal 2012 in the second quarter of this fiscal year, reporting increases in net income, sales and same-store sales. The company had net income of $33.7 million, including net after-tax losses and charges, a 15% boost from reported net income of $29.3 million a year earlier.

In addition, net sales rose 9.7% to  $562 million. Same-store sales increased 4.4%.

June 27, 2013

The Affiliated Business Group (ABG), a division of DSW Inc., will exclusively supply the footwear departments of all U.S. Loehmann’s stores and the loehmanns.com e-commerce site.

Columbus, Ohio - The Affiliated Business Group (ABG), a division of DSW Inc., will exclusively supply the footwear departments of all U.S. Loehmann’s stores and the loehmanns.com e-commerce site. The initial rollout of the news arrangement is expected to commence in a few stores starting December, 013 with the balance of the chain and e-commerce launching in the first quarter of 2014. ABG will plan, procure, and deliver the entire women's and men's footwear inventory, while Loehmann’s will provide staffing for the shoe departments.

May 29, 2013

DSW Inc. experienced drops in both net income and same- store sales for the first quarter of fiscal 2013.

Columbus, Ohio -- DSW Inc. experienced drops in both net income and same-store sales for the first quarter of fiscal 2013. Net income declined about 13%, dropping to $34.5 million from $39.9 million in the year-ago period, amid hefty one-time charges. Its results, however, beat analyst expectations.

For the quarter ended May 4, same-store sales declined 2.4%. In one bright spot, sales rose almost 8% to $601.4 million, from $558.6 million.

May 21, 2013

Footwear/accessories retailer DSW Inc. opened a new store in Braintree, Mass., on May 18.

Columbus, Ohio – Footwear/accessories retailer DSW Inc. opened a new store in Braintree, Mass., on May 18. The new store is located at 250 Granite Street.

DSW currently operates 377 stores in 42 states, the District of Columbia and Puerto Rico.

 

March 19, 2013

DSW Inc. reported that net income for the quarter ended Feb. 2 rose to $31.4 million from $23.1 million in the year-ago period.

Columbus, Ohio -- DSW Inc. reported Tuesday that net income for the quarter ended Feb. 2 rose to $31.4 million from $23.1 million in the year-ago period. Sales for the fourth quarter increased 15.7% to $594.3 million, and same-store sales rose 3.6%.

For the full year, profit increased to $152.2 million, from $136.1 million in the prior fiscal year. Sales rose 11.5% to $2.26 billion from $2.02 billion.

 

January 14, 2013

NCR Corp. announced that DSW Inc. will expand its use of NCR Advanced Store point-of-sale software to offer DSW shoppers mobile POS functionality and returns throughout the chain.

Duluth, Ga. -- NCR Corp. announced that DSW Inc. will expand its use of NCR Advanced Store point-of-sale software to offer DSW shoppers mobile  POS functionality and returns throughout the chain.