DSW To Open 14 New US Stores

Columbus, Ohio-based retail giant DSW said today it would open 14 more stores across the U.S. later this spring.

The company, which runs 468 stores, will bow new doors in cities ranging from Visalia, Calif., to Richmond, Va.

DSW said the openings would begin next month, with completion in May.

Each store, according to the company, is expected to carry as many as 25,000 pairs of shoes for men, women and children.

“New store growth is an important and exciting piece of the DSW formula,” Valara Gee, vice president of stores, said in a release. “It allows us to bring the brand to more communities and build relationships with new customers. More stores also enable us to provide additional customers with immediate access to our full assortment. We look forward to engaging with these new customers and helping them find the perfect shoe at the perfect price.”

The retailer’s investment in brick-and-mortar comes a week after it made a major move to boost its e-commerce business.

The mega merchant said last Wednesday that it planned to acquire Ebuys Inc., an e-commerce off-price footwear and accessories retailer with a presence in North America, Europe, Australia and Asia.

DSW is expected to close that transaction within a month, paying about $62.5 million upfront.

 

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