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The following is an excerpt from a 10-K/A SEC Filing, filed by VALUE CITY DEPARTMENT STORES INC /OH on 6/4/2001.
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RETAIL VENTURES INC - 10-K/A - 20010604 - PROPERTIES

ITEM 2. PROPERTIES.

Set forth in the following table are the locations of stores operated by the Company as of February 3, 2001:

                                                                                                        VCDS,
                                                                                                         DSW
                                   Value City                DSW                                          &
                                   Department               Shoe                                      Filene's
                                     Stores               Warehouse                 Filene's            Total
                                  -----------           ------------             -------------       -----------
Arizona                                -                     1                         -                  1
California                             -                     3                         -                  3
Colorado                               -                     2                         -                  2
Delaware                               3                     -                         -                  3
Florida                                -                     4                         -                  4
Georgia                                4                     2                         -                  6
Illinois                              16                     6                         2                 24
Indiana                                7                     2                         -                  9
Kansas                                 -                     2                         -                  2
Kentucky                               4                     -                         -                  4
Maryland                               7                     3                         -                 10
Massachusetts                          -                     3                         9                 12
Michigan                               9                     4                         -                 13
Minnesota                              -                     2                         -                  2
Missouri                               9                     1                         -                 10
New Hampshire                          -                     1                         -                  1
New Jersey                             7                     2                         -                  9
New York                               -                    10                         4                 14
North Carolina                         1                     1                         -                  2
Ohio                                  23                     7                         1                 31
Oklahoma                               -                     1                         -                  1
Pennsylvania                          19                     5                         -                 24
Tennessee                              1                     2                         -                  3
Texas                                  -                     9                         -                  9
Virginia                               4                     4                         -                  8
Washington D.C.                        1                     -                         3                  4
West Virginia                          4                     -                         -                  4
Wisconsin                              -                     1                         -                  1
                                    ----                   ---                       ---               ----
                                     119                    78                        19                216

We maintain buying offices in Columbus, Ohio; Boston, Massachusetts; and Los Angeles, California. We operate 11 warehouse/distribution complexes located in Columbus, Ohio, a distribution facility in St. Louis, Missouri and a distribution facility in Auburn, Massachusetts. In addition, to expedite the flow of merchandise to certain clusters of stores, we use third party processors located in New Jersey, Chicago and Detroit. Our executive offices occupy approximately 45,000 square feet in a building which

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includes a store and also serves as one of our apparel distribution centers. Shonac occupies approximately 70,000 square feet in a building which also serves as the shoe division's distribution center.

The stores and all of the warehouse, buying and executive office facilities are leased or subleased except for one owned shoe store location. As of February 3, 2001 we leased or subleased 22 stores and 3 warehouse facilities from SSC or entities affiliated with SSC. The remaining stores and warehouses are leased from unrelated entities. Most of the store leases provide for an annual rent based upon a percentage of gross sales, with a specified minimum rent.

Our office, warehouse and distribution facilities for our department store business are adequate for our current needs and we believe that such facilities, with certain modifications and additional equipment will be adequate for our foreseeable future demands.

To support the planned growth of our DSW shoe warehouse business, we have consolidated and relocated the related back office and distribution operations of our shoe business to a new 625,000 square foot facility located in Columbus, Ohio. We recently entered into a 15 year lease with 3 five-year option periods. The lease is with an affiliate of SSC and is at current market rate rents.

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