Peterson Companies announced in June that DSW Designer Shoe Warehouse signed on to come into the Milestone Center in Germantown (20900-B Frederick Road). DSW will be taking over the location that was home to Modell’s. The store sells designer and name brand shoes as well as fashion accessories. No opening date has been provided.

The company currently has three Montgomery County stores, including one already in Germantown located in the Germantown Commons shopping center just under 3 miles away from the upcoming location. The other location is in Bethesda. We were told there are no current plans to close the current Germantown location.

DSW was founded in 1969 as Shonac Corporation and was the shoe licensee for Value City. The company opened its first store in 1991 in Ohio and was acquired by Value City in 1998. It was acquired by Retail Ventures in 2004, went public in 2005, and then acquired Retail Ventures (its biggest shareholder) in 2011.