Schottenstein Stores Corp., based in
Columbus, Ohio
Columbus (, ) is the List of capitals in the United States, capital and List of cities in Ohio, most populous city of the U.S. state of Ohio. With a 2020 United States census, 2020 census population of 905,748, it is the List of United States ...
, is a
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
for various ventures of the Schottenstein family.
Jay Schottenstein
Jay Schottenstein (born 1954) is an entrepreneur from Columbus, Ohio. He is the chairman and CEO of Schottenstein Stores Corporation, American Eagle Outfitters, and American Signature. He is the Executive Chairman of Designer Brands.
Early life ...
and his sons
Joey Schottenstein,
Jonathan Schottenstein, and
Jeffrey Schottenstein are the primary holders in the company.
Retail ventures
Schottenstein Stores owns stakes in
DSW and
American Signature Furniture; 15% of
American Eagle Outfitters
American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc ...
, retail liquidator
SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture.
It also holds an ownership interest in
American Eagle Outfitters
American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc ...
, Wehmeyer in Germany,
Cold Stone Creamery
Cold Stone Creamery, Inc. is an American international ice cream parlor chain. Headquartered in Scottsdale, Arizona, the company is owned and operated by Kahala Brands. The company's main product is premium ice cream made with approximately 1 ...
, The Mazel Company, Gidding-Jenny, Shiffren Willens jewelry stores, and Sara Fredericks boutiques.
Schottenstein had operated the chain of
Value City
Value City Department Stores was an American department store chain with 113 locations. It was founded in 1917 by Ephraim Schottenstein, a travelling salesman in central Ohio. The store was an off-price retailer that sold clothing, jewelry, and ...
discount department stores.
In 2006, a consortium of investors, including Schottenstein Stores, purchased 655 stores from grocery retailer
Albertson's
Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.
With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, the company is the second-large ...
.
Brands
Schottenstein Stores owns the rights to various brands, including
Bugle Boy
Bugle Boy Industries, Inc. was a clothing company founded by Vincent Nesi and William Mow in 1977. It is best known for its namesake brand of denim jeans that were popular in the 1980s. The company declared bankruptcy in 2001. Mr. Nesi was in char ...
(purchased in 2001), "Cannon", "Royal Velvet", "Charisma", "Fieldcrest",
J. Peterman,
delia's, SB Premier Brands and
Leslie Fay.
Portfolio of Brands – SB Capital Group
/ref>
References
External links
*
Companies based in the Columbus, Ohio metropolitan area
Holding companies of the United States
Year of establishment missing
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