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DSW’s Parent Closes All 666 North American Stores

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The parent company behind Designer Shoe Warehouse (DSW) recorded comparable sales growth and an earnings beat in FY19 but remained mum on guidance for FY20 due to the “unprecedented” impact of the coronavirus epidemic. In a Nutshell: On Tuesday, Designer Brands Inc. temporarily shut down its North American retail operations, closing 666 stores across the…

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