If you’re wondering what happened to your favorite DTLR (Downtown Locker Room) Store, wonder no more. The Hanover-based company has merged with Sneaker Villa Inc. to create an urban retailer with 230 locations. The transaction was completed by private equity firms Bruckmann, Rosser, Sherrill & Co. and Goode Partners LLC, both of New York.
DTLR already had 110 stores in 12 states and DC including the 12 that you might have known in Baltimore, two in Glen Burnie and one in Annapolis. The Philadelphia-based Sneaker Villa had 120 locations in 10 states.
Now, the combined company has stores in 19 states and Washington D.C.
As Glenn Gaynor, the CEO of DTLR explained, “This merger will allow us to better serve our customers, employees and vendor partners. The combination will allow us to enhance the consumer experience by leveraging the best practices of both VILLA and DTLR. By combining our talent and resources we can accelerate growth and expand our reach.”