Columbus, OH — DSW Inc. has completed its previously announced merger between its largest shareholder, Retail Ventures, Inc., and a wholly owned subsidiary of DSW.
Columbus, OH — DSW Inc., a leading branded footwear specialty retailer, has completed its previously-announced merger between its largest shareholder, Retail Ventures, Inc., and a wholly owned subsidiary of DSW.
On February 8, 2011, DSW and Retail Ventures, Inc. announced the two companies had signed a definitive merger agreement providing for RVI to become a wholly-owned subsidiary of DSW in an exchange of DSW shares. The merger was approved by DSW and RVI shareholders on May 19, 2011.
As of April 30, 2011, DSW operated 318 stores in 39 states and operated an e-commerce site, www.dsw.com. DSW also supplied footwear to 352 leased locations in the United States. For more information, visit http://www.dswinc.com.