Town Shoes
This article needs additional citations for verification. (July 2018) |
Type | Subsidiary |
---|---|
Founded | 1952 (67 years ago) |
Founder | Leonard Simpson |
Defunct | January 2019 |
Fate | Shut down[1] |
Headquarters | Toronto, Ontario, Canada |
Number of locations | 38 (2018) |
Parent | DSW, Inc. |
Town Shoes Ltd. was a Canadian chain of shoe stores founded by Leonard Simpson in 1952.[2] It had 30 locations across Canada.
In 2014, DSW, Inc., now Designer Brands, Inc., acquired a 44% stake in Town Shoes. In May 2018, DSW purchased the remainder of the company. On August 28, 2018, DSW announced the closure of all 38 locations, due to competition from other retailers.[3]
References[]
- ^ Patterson, Craig (August 28, 2018). "DSW to Shutter Town Shoes Chain of Stores". Retail Insider. Retrieved August 28, 2018.
- ^ Palkowski, Yvonne (Spring 2013). "Man About Town: Town Shoes founder Leonard Simpson". UC Magazine. University College, Toronto. Archived from the original on 2013-07-09. Retrieved 2019-10-03.
- ^ Patterson, Craig (28 August 2018). "DSW to Shutter Town Shoes Chain of Stores". Retail Insider. Vancouver BC: Retail Insider Media Ltd. Retrieved 3 June 2020.
See also[]
Categories:
- Retail companies established in 1952
- Retail companies disestablished in 2019
- Shoe companies of Canada
- 1952 establishments in Ontario
- 2019 disestablishments in Ontario
- Canadian companies established in 1952
- Canadian companies disestablished in 2019
- Canadian company stubs