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DSW

National retailer of shoes.

Headquarters:
4150 East 5th Avenue
Columbus, OH 43219
Employees: 8,500
CEO: Jay Schottenstein
Stock Symbol: DSW

Website: http://www.dswshoes.com

Career Site

DSW operates super stores focused on selling name brand shoes. DSW operates 266 stores in 37 states. The stores offer a wide selection of brand name and designer dress, casual and athletic footwear for women and men.

The company also supplied footwear to 379 leased locations (36 for related retailers and 343 for non-related retailers) in the United States.

DSW allows customers to personalize their shopping experience by offering a "sea of shoes" that are accessible, easy-to- shop, and fulfill a broad range of style and fashion desires. Typical DSW stores are approximately 25,000 square feet, with over 85% of total square footage used as selling space. Over 30,000 pairs of shoes in more than 2,000 styles are displayed on the selling floor of most of our stores, compared to a significantly smaller product offering at typical department stores.

For fiscal 2008, the company reported sales of $1.41 billion and net income of $53.8 million.

DSW stands for Discount Shoe Warehouse.

History

- January 1969 - Incorporated
- July 1991 - Opened first DSW store in Dublin, Ohio
- 1998 - Value City Department Stores, Inc. purchased DSW and affiliated shoe businesses from Schottenstein Stores Corporation (SSC), and Nacht Management, Inc.
- December 2004 - Retail Ventures completed a corporate reorganization whereby Value City Department Stores, Inc., a wholly-owned subsidiary of Retail Ventures, merged with and into Value City Department Stores LLC, another wholly-owned subsidiary of Retail Ventures. In turn, Value City Department Stores LLC then transferred all the issued and outstanding shares of DSW to Retail Ventures in exchange for a promissory note.
- February 2005 - Changed name from Shonac Corporation to DSW Inc.
- July 2005 - Initial public offering, began trading on the New York Stock Exchange under the ticker symbol 'DSW'.

Prior to the IPO, DSW was wholly owned by Retail Ventures, Inc. Retail Ventures now owns more than 60% of our outstanding common shares and controls over 90% of the voting rights associated with these shares.

Benefits

Health & Welfare Benefits
- Medical Insurance
- Dental Insurance
- Vision Care
- Prescription Coverage

Savings and Retirement Benefits
- 401-K Plan with Company Match
- Employee Stock Purchase Plan

Special Benefits
- Education Savings Plan and Scholarship Program
- Paid Vacation
- Paid Holiday
- 30% Associate Discount

Updated April 4, 2008