Footwear and accessories retailer DSW reported an increase in sales for its first quarter, ending April 30, 2016, but other financial results were mixed.
Saks Fifth Avenue OFF 5TH has announced plans to open two new stores this fall, one in Washington, DC and one in Scottsdale, Arizona.
For the fourth quarter ending January 30, 2016, DSW’s sales increased 5.0% to $672 million; comparable sales increased 0.7%, and net income was $11.8 million, or $0.14 per diluted share.
Leading footwear and accessories retailer DSW has entered into a definitive agreement to acquire Ebuys, Inc., a leading e-commerce off-price footwear and accessories retailer.
DSW is opening 19 new stores this spring, 12 of them in new markets.
Footwear retailer DSW announced several promotions that will go into effect next week, including Carrie McDermott, who will be COO.
The two Toronto area discount shoe stores are in Mississauga and Newmarket.
DSW Inc. has acquired a 44% stake in Canada’s largest footwear and accessories retailer, Town Shoes.