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DSW moving into Canadian market; buys 44% stake in Canada’s Town Shoes
Columbus, Ohio -- In a move to establish a base in Canada, DSW Inc. has entered into an agreement to buy an approximate 44% stake in Canadian footwear retailer Town Shoes. The transaction, expected to close in May, is valued at approximately $62 million. Under the agreement, DSW will have the right to purchase the rest of Town Shoes after four years.
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Natural Grocers opens in Las Cruces, New Mexico
Las Cruces, New Mexico — The family-fun Natural Grocers has opened its fifth New Mexico location in Las Cruces at 3970 E. Lohman Avenue.
The national chain has locations across Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska, Arizona and Oregon.