-
DSW expanding store base
Columbus, Ohio -- DSW continues its march across America.
The footwear and accessories retailer is opening 22 stores this fill, including six locations in new markets.
"Expanding our store base allows us to grow our footprint in areas we already call home, while also bringing DSW stores and the DSW brand to areas where our customers have been anticipating our arrival,” said Carrie McDermott, executive VP and COO of DSW, which operated 449 stores in 42 states.
-
Dillard’s feels department store pain
Little Rock, Ark. -- Dillard’s Inc. profit declined 13.3% in the second quarter, but it still came in better than analysts had expected.
Growth in shoes and some apparel categories helped Dillard’s post a feeble second quarter same-store sale increase, but it was too little for the department store retailer to avoid the sharp decline in profitability. The retailer’s profit for the quarter ending Aug. 1 was $29.9 million, down from $34.5 million in the year-ago period.

