Around the Net
Shoe Chain DSW Steps Up Expansion
- Chain Store Age, Wednesday, January 11, 2012 10:27 AM
Columbus, Ohio-based chain DSW Inc. plans to open between 35 and 40 stores in 2012, up from an initial plan of 15 to 20 new stores this year. The footwear and accessories retailer also raised its annual earnings guidance. “The expansion of our footprint into new and existing markets is a key growth initiative for us,” said Mike MacDonald, president and CEO, DSW Inc. The majority of the new stores are slated to open in the second half of 2012, according to the company.
