DSW can trace its roots back to 1969 when Jay L. Schottenstein opened as the Schonac corporation as a shoe licensee for Value City.
DSW (Designer Shoe Warehouse) opened its first store in 1991 in Dublin, Ohio. In 1998 Value City Department Stores purchased DSW.
In 2004 Retail Ventures consolidated subsidiaries of the then-defunct Value City company. DSW was operated as a wholly-owned subsidiary of Retail Ventures until DSW was spun-off in 2005.
Today DSW sells brand-name footwear at discount prices through 501 stores in 40 states and Puerto Rico. On average, stores are 22,000 square feet and stock 23,000 pairs of shoes.
DSW, along with 170 other shoe retailers, wrote a letter to Donald Trump in May 2019, asking him to exempt shoes from his list of items from China subject to the administrations new 25% tariff, calling the tariff “catastrophic.”
The company trades publicly on the New York Stock Exchange under the ticker symbol DSW, is #872 in the Fortune 1000, has 11,800 employees, and had $2.50 billion in revenue in 2014.