Retail Ventures, Inc. Reports Third Quarter Sales

COLUMBUS, Ohio, Nov. 23, 2010 /PRNewswire-FirstCall/ -- Retail Ventures, Inc. (NYSE: RVI) announced today sales, which represents sales of DSW only, from continuing operations for the thirteen weeks ended October 30, 2010 increased to $489.3 million from $444.6 million for the thirteen weeks ended October 31, 2009.  Same store sales increased 10.1% for the comparable thirteen week period versus an 8.7% increase in the prior year.

Sales from continuing operations for the thirty-nine weeks ended October 30, 2010 increased to $1.35 billion from $1.20 billion for the thirty-nine weeks ended October 31, 2009.  Same store sales increased 12.6% for the comparable thirty-nine week period versus a 0.4% increase 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 October 30, 2010, 313 shoe stores in 39 states and operates an e-commerce site, www.dsw.com. DSW also supplies shoes, under supply agreements, to 351 locations.

SOURCE Retail Ventures, Inc.