Q&A with Mary Turner, President of DSW/Designer Brands Canada
/This is the first of a series where Retail Insider interviews Canadian retail leaders to discuss what's happening and what's to come at an unprecedented time.
Read MoreThis is the first of a series where Retail Insider interviews Canadian retail leaders to discuss what's happening and what's to come at an unprecedented time.
Read MoreThe US footwear behemoth ‘DSW Designer Shoe Warehouse’ says that it turned a first-quarter profit for the first time since entering Canada five years ago, as it launches a new loyalty program to further grow its operations and gain market share.
Read MoreOther News: Richemont Opens Montblanc and Vacheron Constantin in Vancouver, Rudsak Opens Concept Store, Dior Opens 1st Canadian Fragrance Boutique, First Ballet School to Open in a Canadian Mall, Amazon Announces Significant Retail Successes in Canada.
Read MoreThe US-based company has announced a shift in strategy that includes a new name, rewards programs, website, and plans to open more stores in Canada in strategic locations. We spoke to the president of the Canadian division about the closure of Town Shoes as well.
Read MoreThe popular large-format footwear retailer is differentiating its Canadian stores as it prepares to wind-down the Town Shoes Chain.
Read MoreThe shocking announcement will result in the closure of the iconic Canadian footwear chain, and will be an issue for some landlords already dealing with excessive mall vacancies.
Read MoreOne of the locations is in a soon-to-open outlet centre that’s been secretive about its tenant mix.
Read MoreWe interviewed Town Shoes President and CEO Bruce Dinan about DSW Designer Shoe Warehouse's Canadian store expansion. In April, DSW bought a 49.2% stake in Town Shoes, paving the way for DSW's entry into Canada. Mr. Dinan says that DSW stores will eventually roll-out across the country, and that its Canadian stores will essentially be the same as those in the United States. Its first two Canadian locations open early next month and at the same time, DSW will launch its Canadian e-commerce website...
Read MoreDiscount footwear retailer DSW Designer Shoe Warehouse (DSW) has completed its share purchase of Canadian footwear retailer, Town Shoes, for $75.5 million (US$68.7 million) in cash. DSW acquired a 49.2% interest in Town Shoes, paving the way for DSW to open Canadian stores. DSW's initial stake provides 50% voting control and board representation, equal to Town Shoes' primary remaining shareholder, Callisto Capital...
Read MoreDiscount footwear retailer DSW Designer Shoe Warehouse (DSW) has purchased 44% of Canadian footwear retailer Town Shoes, paving the way for DSW to enter Canada. Town Shoes had originally planned to open similar stores in Canada, though these plans have since changed. DSW has wanted to open in Canada for some time, and it will now have the necessary means to make it possible through its partnership with Town Shoes...
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