Retail Ventures, Inc. Reports First Quarter Sales
COLUMBUS, Ohio, May 25 /PRNewswire-FirstCall/ -- Retail Ventures, Inc. (NYSE: RVI) announced today sales, which represents sales of DSW only, from continuing operations for the thirteen weeks ended May 1, 2010 increased 16.5% to $449.5 million from $385.8 million for the thirteen weeks ended May 2, 2009. Same store sales increased 16.2% for the comparable thirteen week period versus a 4.7% decrease in the prior year.
Retail Ventures, Inc. is a holding company whose subsidiary, DSW, is a leading United States branded footwear specialty retailer operating, as of May 1, 2010, 311 shoe stores in 39 states. DSW also supplies shoes, under supply agreements, to 354 locations and operates dsw.com.
SOURCE Retail Ventures, Inc.
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