|
Retail Ventures
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. Schottenstein Stores Corp. of Columbus, which held controlling interest of Retail Ventures, also held a stake in the 221-store DSW chain. Jay Schottenstein, chairman and CEO of DSW, was chairman of Retail Ventures and heads Schottenstein Stores Corp. Value City Stores were known as Schottenstein's in the Columbus, Ohio market in honor of its founder Ephraim Schottenstein, but the name was dropped after Value City was sold to Burlington Coat Factory. Retail Ventures Inc stated in December 2006 that it had retained Financo, Inc. and CIBC World Markets Corp to advise it about "strategic alternatives", including a possible sale, for its Value City Department Stores division. Reta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Schottenstein was born and raised in Columbus, Ohio to a Jewish family, the son of Geraldine (née Hurwitz) and Jerome Schottenstein. His father, uncles, and grandfather established Schottenstein Stores Corporation. Schottenstein graduated from Indiana University Bloomington in 1976. Career In 1976, Schottenstein began working in his father's business, joining Value City Furniture. Schottenstein became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. In 1993, after his father's death, he replaced his father as head of Schottenstein Stores Corporation. Since 2005, he has served as chairman of DSW. Schottenstein oversees a network of businesses that include American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Signature
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. American Signature Furniture and Value City Furniture American Signature Furniture and Value City Furniture sell residential furniture manufactured by American Signature, Inc., as well as more than 30 additional manufacturers from 125 locations around the East Coast, Midwest, and Southeastern United States. Operating in about 18 U.S. states, American Signature Furniture and Value City Furniture offer living, dining, and bedroom furniture, various home furnishings, and outdoor patio pieces. American Signature Furniture offers other furniture options to customers, and much like its sister store Value City Furniture, American Signature Furniture offers home furnishings. History Clothing store entrepreneur E.L. Schottenstein adapted his successf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value City Furniture
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. American Signature Furniture and Value City Furniture American Signature Furniture and Value City Furniture sell residential furniture manufactured by American Signature, Inc., as well as more than 30 additional manufacturers from 125 locations around the East Coast, Midwest, and Southeastern United States. Operating in about 18 U.S. states, American Signature Furniture and Value City Furniture offer living, dining, and bedroom furniture, various home furnishings, and outdoor patio pieces. American Signature Furniture offers other furniture options to customers, and much like its sister store Value City Furniture, American Signature Furniture offers home furnishings. History Clothing store entrepreneur E.L. Schottenstein adapted his succes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Eagle Outfitters
American Eagle Outfitters, Inc., also known as American Eagle, is an American lifestyle, 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., a company that also owned and operated Silverman's Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, Tennessee.History of American Eagle Outfitters, Inc. – FundingUniverse Fundinguniverse.com. Retrieved on July 23, 2013. American Eagle Outfitters is also the parent company of |
Employee Benefits
Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. Instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a "salary packaging" or "salary exchange" arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree. Examples of these benefits include: housing (employer-provided or employer-paid) furnished or not, with or without free utilities; group insurance (health, dental, life etc.); disability income protection; retirement benefits; daycare; tuition reimbursement; sick leave; vacation (paid and unpaid); social security; profit sharing; employer student loan contributions; conveyancing; long service leave; domestic help (servants); and other specialized benefits. The purpose of employee benefits i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burlington Coat Factory
Burlington, formerly known as Burlington Coat Factory, is an American national off-price department store retailer, and a division of Burlington Coat Factory Warehouse Corporation with more than 1,000 stores in 40 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey. In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer after TJX Companies and Ross Stores. History Monroe Milstein and his father, Abe, had been running a successful wholesale and retail outerwear business together since 1946. In 1972, Henrietta Milstein convinced her husband Monroe to purchase a former factory outlet in Burlington, New Jersey, for $675,050, using money she had saved from her job as a librarian for most of the $75,000 down payment. Initially, the Milsteins sold coats and jackets wholesale, but in order to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schottenstein Stores Corp
Schottenstein is surname of: * Schottenstein's, founded in 1917 by Ephraim Schottenstein * Jay Schottenstein (born 1955), an entrepreneur from Columbus, Ohio; son of Jerome * Jerome Schottenstein (? - 1992), Jewish American entrepreneur and philanthropist ** Jerome Schottenstein Center ** Schottenstein Stores Corp., Columbus, Ohio, a holding company * the House of , a German nobility * Irving Schottenstein founder of M/I Homes from Columbus, Ohio * Gary L. Schottenstein (born 1951), Chairman and CEO of Schottenstein Real Estate Group from Columbus, Ohio; son of Irving ** (? - 1484, Nürnberg) ** (? - 1526) ** Maximilian "Max" Freiherr Schott von Schottenstein (1836, Ulm - 1917, Schloss Schottenstein ''Schloss'' (; pl. ''Schlösser''), formerly written ''Schloß'', is the German term for a building similar to a château, palace, or manor house. Related terms appear in several Germanic languages. In the Scandinavian languages, the cogna ...) :de:Max Schott von Schotten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value City
Value City was an American discount 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 merchandise, and occasionally irregular apparel and factory seconds. The stores were branded Schottenstein's in the Columbus, Ohio, market. The Schottenstein name was dropped in 2008. Also, three stores in Metro Detroit were co-branded as Crowley's Value City. From 1984 to 1995, Schottenstein also owned Shifrin-Willens, a jewelry store. The first store was located in Columbus, Ohio, at 1887 Parsons Avenue on the corner of Parsons Avenue and Reeb Avenue, and has been closed since 2006. It was formerly affiliated with Value City Furniture, which has 130 stores and was founded in 1948. (VCF is corporate sponsor of Value City Arena, home of the Ohio Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
