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Value City Furniture store, Westland, Michigan American Signature, Inc. is a privately owned furniture company based in Columbus, Ohio.It is the parent company of the retail brands American Signature Furniture and Value City Furniture, and the manufacturer brand American Signature.
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.
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 became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. [2] In 1993, after his father's death, he replaced his father as head of Schottenstein Stores Corporation.
Their operating stores include DSW, Filene's Basement, American Signature, Rooms Today and Value City. The department store holding company Federated Department Stores was once based in Columbus, and included the Lazarus department store chain, before being re-branded under the Macy's brand name in 2005.
This transaction does not impact Value City Furniture Stores, which are separately owned and operated. Retail Ventures, Inc. continues to operate 259 DSW stores in major metropolitan areas throughout the country. DSW also supplies shoes, under supply arrangements, to 342 locations for other non-affiliated retailers in the United States. [2]
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