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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. The chain focused on buyout and closeout ...
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.
In the mid 1990s, B&Q opened a new format of shop known as the Depot (later changed to B&Q Depot), a forerunner of a new class of shop known as the B&Q Warehouse. [12] This new store format was almost identical to that of the US chain Home Depot, where the stores were built on a much bigger scale with a larger floor area, merchandise presented ...
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Lazarus developed or was an early adopter of many shopping innovations such as "one low price" (no bargaining necessary, earlier implemented by the John Wanamaker Store [3]), first department store escalators in the country, first air-conditioned store in the country, and Fred Lazarus Jr. successfully lobbied President Franklin Roosevelt to ...
In 1993, after his father's death, he replaced his father as head of Schottenstein Stores Corporation. [ 6 ] [ 3 ] Since 2005, he has served as chairman of DSW . Schottenstein oversees a network of businesses that include American Eagle Outfitters (NYSE:AEO), Designer Brands (NYSE:DBI), American Signature and Value City Furniture, SB360 Capital ...
In 1909, the company moved to the current Lazarus Building, and moved from being predominantly a men's clothing store to a general department store. It was the first building in the city to feature an escalator, in 1909. The model was soon removed, but modern electric escalators were installed in 1947, another first for the city. [3]
The center now has restaurants, bars, banks, an urgent care facility, hardware store, sporting goods store, video game store, pet supply store, Goodwill, a Giant Eagle Market District, and more. In January 2015, Macy's announced that the company was closing three Ohio stores, including the Kingsdale location, by the end of March. [ 5 ]
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