Town Shoes Ltd. | |
Type: | Subsidiary |
Foundation: | 1952 (67 years ago) |
Location: | Toronto, Ontario, Canada |
Parent: | DSW, Inc. |
Num Locations: | 38 |
Num Locations Year: | 2018 |
Founder: | Leonard Simpson |
Fate: | Shut down[1] |
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.
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]