Dive Brief:

• Shoe retailer DSW reported a 4.5% increase in Q2 sales, with same-store sales seeing a 0.8% increase. Net income in the quarter fell 25% to $33.6 million. 

• An ongoing $10 million investment in omni-channel systems, including changes to inventory and fulfillment, was a big reason for the Q2 results, the company said. Early in the quarter, the retailer partnered with eBay Inc. to offer customers online ordering with in-store pickup.

• The company forecasted flat same-store sales in the future as it continues its omni-channel efforts and a brick-and-mortar expansion, including 35 new smaller-format stores to be added in fiscal 2014.

Dive Insight:

Wall Street certainly seems to believe that DSW is making the right moves and that it’s poised to make good on its promise that omni-channel investments and expansion plans will pay off in the near future. Its share price gained the most ground on the news since May 2012.