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Town Shoes

DSW Designer Shoe Warehouse Launches Unique Shop-in-Stores

The popular large-format footwear retailer is differentiating its Canadian stores as it prepares to wind-down the Town Shoes Chain.

DSW to Shutter Town Shoes Chain of Stores

The shocking announcement will result in the closure of the iconic Canadian footwear chain, and will be an issue for some landlords already dealing with excessive mall vacancies.

Town Shoes Repositions to Focus on Growth

The iconic multi-brand Canadian footwear retailer is revitalizing the banner in an effort to dominate the market -- including an eventual expansion into Quebec.

DSW Designer Shoe Warehouse completes Town Shoes purchase

Discount footwear retailer DSW Designer Shoe Warehouse (DSW) has completed its share purchase of Canadian footwear retailer, Town Shoes, for $75.5 million (US$68.7 million) in cash. DSW acquired a 49.2% interest in Town Shoes, paving the way for DSW to open Canadian stores. DSW's initial stake provides 50% voting control and board representation, equal to Town Shoes' primary remaining shareholder, Callisto Capital...

DSW Designer Shoe Warehouse to enter Canada via Town Shoes

Discount footwear retailer DSW Designer Shoe Warehouse (DSW) has purchased 44% of Canadian footwear retailer Town Shoes, paving the way for DSW to enter Canada. Town Shoes had originally planned to open similar stores in Canada, though these plans have since changed. DSW has wanted to open in Canada for some time, and it will now have the necessary means to make it possible through its partnership with Town Shoes...

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