DSW Inc. Changes Name as it Maps Out 3-Year Canadian Expansion

DSW Inc. Changes Name as it Maps Out 3-Year Canadian Expansion

The 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.

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Interview: DSW Designer Shoe Warehouse's Canadian expansion

Interview: DSW Designer Shoe Warehouse's Canadian expansion

We 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...

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DSW Designer Shoe Warehouse completes Town Shoes purchase

DSW Designer Shoe Warehouse completes Town Shoes purchase

Discount 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...

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DSW Designer Shoe Warehouse to enter Canada via Town Shoes

DSW Designer Shoe Warehouse to enter Canada via Town Shoes

Discount 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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