Schottenstein Stores Explained

Schottenstein Stores Corporation
Industry:Retail Holding Company
Location City:Columbus, Ohio
Location Country:United States
Key People:Jay L. Schottenstein (Chairman, CEO)
Revenue:US$ 3 billion[1]

Schottenstein Stores Corp., based in Columbus, Ohio, is a holding company for various ventures of the Schottenstein family. Jay Schottenstein 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, retail liquidator SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture.[2]

It also holds an ownership interest in American Eagle Outfitters, Wehmeyer in Germany, Cold Stone Creamery, The Mazel Company, Gidding-Jenny,[3] Shiffren Willens jewelry stores, and Sara Fredericks boutiques.[4]

Schottenstein had operated the chain of Value City discount department stores.

In 2006, a consortium of investors, including Schottenstein Stores, purchased 655 stores from grocery retailer Albertson's.[5]

Brands

Schottenstein Stores owns the rights to various brands, including Bugle Boy (purchased in 2001),[6] "Cannon", "Royal Velvet", "Charisma", "Fieldcrest", J. Peterman, delia's, SB Premier Brands and Leslie Fay.[7]

Notes and References

  1. Web site: Schottenstein Stores Corporation. Indeed.
  2. http://premium.hoovers.com/subscribe/co/overview.xhtml?ID=ffffcfcrcfjyhxjfyj Log In
  3. http://findarticles.com/p/articles/mi_hb4298/is_198612/ai_n14999447 OK sale of Gidding-Jenny to Schottenstein affiliate. (Union Co.) | Daily News Record | Find Articles at BNET.com
  4. http://www.answers.com/topic/schottenstein-stores-corp?cat=biz-fin Schottenstein Stores Corporation: Information and Much More from Answers.com
  5. http://www.teamster.org/06news/hn_060124_1.asp Reuters: Supervalu Group to Buy Albertson's
  6. http://findarticles.com/p/articles/mi_m5072/is_52_23/ai_81567253 Manufacturing - Barely Making the Grade - Schottenstein Stores Corp. buys wholesale operations of Bugle Boy Industries Inc - Brief Article - Statistical Data Included | Los Angeles Business Journal | Find Articles at BNET.com
  7. http://www.sbcapitalgroup.com/intellectual_property/portfolio_of_brands.cfm Portfolio of Brands – SB Capital Group