Wednesday, August 23, 2017

DSW sales turn positive

DSW Inc. says it’s prepared for the all-important holiday shopping season, with a solid online setup that’s already reaping rewards, with increases in mobile traffic driving a 27% increase in digital sales.

“Having seen the increased penetration of digital demand, we are confident that we will win this holiday selling season,” said Jared Poff, DSW’s chief financial officer, on the Tuesday earnings call.

Not only is the company seeing increases online, but also in its bricks-and-mortar locations, or warehouses.. . . more

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