Town Shoes
 | This article needs to be updated. (October 2023) |
| Type | Subsidiary |
|---|---|
| Founded | 1952 |
| 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]
The business had 38 locations operating across Canada. Additionally, it operated two banners The Shoe Store and Shoe Warehouse (after 2014).
Timeline
[edit]In 2014, DSW, Inc., now Designer Brands, acquired a 44% stake in Town Shoes and entered an agreement to open Shoe Warehouse stores in Canada.[citation needed]
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]
See also
[edit]References
[edit]- ^ 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.
External links
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