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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 home goods below the manufacturer suggested retail price .
It is the parent company of the retail brands American Signature Furniture and Value City Furniture, and the manufacturer brand American Signature. American Signature Furniture [ 1 ] and Value City Furniture [ 2 ] sell residential furniture manufactured by American Signature, Inc., as well as more than 30 additional manufacturers from 125 ...
Retail Ventures was a holding company originally created in 2003 for DSW (NYSE: DSW), Filene's Basement, and Value City Department Stores. The retailer's initial public offering was in 1991 under the Value City name. Value City went on to purchase the DSW shoe business in 1998 and Filene's Basement in 2000.
In 1976, Schottenstein began working in his father's business, joining Value City Furniture. [7] [citation needed]Schottenstein became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. [2]
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Value City and Value City Furniture later split the old Hochschild Kohn's building. Ames was also added as an anchor, later becoming Steve & Barry's. Steve & Barry's closed in 2008, becoming DSW and Shoppers World in 2010. DSW since closed in early 2016. The mall's fountain was based on Robert Woodward's El Alamein Fountain in Sydney.
Value City operated out of the former Gee Bee building from 1992 until 2008, when it was converted to Value City Furniture and DSW. [7] Dick's Sporting Goods opened in a new building outside close to Sears and Value City/DSW in 2014. On December 12, 2022, it was announced that Sears would be closing on January 15, 2023. This was the last Sears ...
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