Retail Ventures Inc. (RVI)

Retail Ventures, Inc., through its subsidiary, DSW Inc., operates as a specialty branded footwear retailer in the United States. The company, through DSW stores and dsw.com, offers a selection of better-branded dress, casual, and athletic footwear for women and men. It also supplies shoes, under supply arrangements, for 341 locations for other non-related retailers. As of January 31, 2009, Retail Ventures operated 298 shoe stores. The company was founded in 1917 and is based in Columbus, Ohio.

For the thirty nine weeks ended 28 October 2006, Retail Ventures Inc.'s net sales rose 5% to $2.19B. Net loss rose 2% to $115M. Revenues reflect an increase in comparable store sales and new merchandise strategy. Higher loss reflects increased selling, general & administrative cost, higher change in fair value of derivative instruments, a decrease in license fees & other income and an increase in interest expense.