810 DSW Drive
Columbus, OH 43219
CEO: Michael MacDonald
Stock Symbol: DSW
DSW operates super stores focused on selling name brand shoes. DSW operates 449 stores in 42 states. The stores offer a wide selection of brand name and designer dress, casual and athletic footwear for women and men.
The company also supplies footwear to 375 leased locations 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 stores, compared to a significantly smaller product offering at typical department stores.
DSW stands for Discount Shoe Warehouse.
For fiscal 2014, the company reported sales of $2.5 billion, a 6.2% increase, and net income of $153.3 million. The company plans to open 35 new stores this year, including 8--10 small format stores.
In May 2014, DSW acquired Town Shoes Limited, the largest footwear retailer in Canada, for $68.7 million in cash.
- 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
- 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.
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
- Education Savings Plan and Scholarship
- Paid Vacation
- Paid Holiday
- 30% Associate Discount
Updated July 1, 2015