The quest for Value City may not require you to venture outside of your hometown. 1930 Ephraim Schottenstein begins selling living room and kitchen sets out of the basement of Schottenstein department … 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. President at Value City Furniture Inc. Jonathan Schottenstein is the President at Value City Furniture Inc based in Columbus, Ohio. He acquires furniture from manufacturers and sells it at Schottenstein and other retailers, laying the foundation for Value City Furniture. Jonathan Schottenstein, president of Value City Furniture, believes that people don't have to go far to find furniture with style and comfort at a great value. Schottenstein’s Stores, Value City Furniture, American Eagle Outfitters, Designer Shoe Warehouse, and Consolidated Stores (later known as Big Lots): together they made up the Schottenstein’s mid-century empire, one that dominated the Midwest. Value City Department Stores — no longer affiliated with Schottenstein Stores Corp., owner of American Signature furniture stores — has filed for Chapter 11 bankruptcy protection, intent on closing its stores. Value City Furniture is probably an old, acquainted logo, but with its young president and prototype shop, the retailer is asking clean and new. Value City Department Stores was an American discount department store chain with 113 locations.It was founded in 1917 by Ephraim Schottenstein, a travelling salesman in central Ohio. Company. Visit a VCF store near you today. Michael Broidy, vice president of corporate affairs for Schottenstein … Subsidiaries to Schottenstein Stores include Value City Furniture. 1994)SICs: 5311 Department Stores; 5712 Furniture Stores; 5331Variety Stores; 5399 Miscellaneous General MerchandiseStores Source for information on Schottenstein Stores Corp.: International Directory of … By continuing your navigation, you consent to their use. BBB … Jay is an active philanthropist through his The Jay and Jean Schottenstein Foundation. The family donated funds to establish the Jerome Schottenstein Center in Ohio. It is home of the Ohio State University Men’s and Women’s Basketball teams. The net worth of the Schottenstein Family is estimated at US$ 2.7 billion. Schottenstein has served as Chairman of the Board of Directors of DSW Inc. (NYSE:DSW) since March 2005. Based on the quality and frequency of confirmatory data points, this metric represents the likelihood that a contact is employed where we say they are and that it is possible to reach them via email. Value City Furniture is one of the products offered by the Value City department store that will give you many discounts. Schottenstein Stores is the holding company for American Signature Furniture and discount furniture store Value City Furniture. Headquarters. I just didn’t want to believe this,” said the 94-year-old widow of Alvin Schottenstein, part of the family that built a central Ohio retail fortune through Schottenstein Stores, Value City Furniture, DSW, Big Lots and American Eagle Outfitters. Schottenstein Stores is where the Schottenstein family stores its retail holdings. Does Value City still exist? Employees at the parent company, Schottenstein Stores, earn $46,440 whereas employees at Value City Furniture earn $29,335, on average. Value City Furniture might be an old, familiar brand, but with its young president and prototype store, the retailer is looking fresh and new. A leading home furnishings retailer, Value City Furniture (VCF) is operated by American Signature and is part of its network of more than 100 superstores in about 20 US states in the East, Midwest, and Southeast. The company also specializes in liquidating merchandise through its SB Capital Group affiliate. Find your perfect living room at Value City Furniture. Not to be confused with Value City Furniture, a retail brand owned by American Signature. 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. Jay Schottenstein, the great-grandson of Joshua, is the wealthiest and most successful of all the Schottenstein heirs. "At Value City Furniture, we believe that everyone has the right to a well-furnished life,” said Value City Furniture President Jonathan Schottenstein. Ephraim and Anna Schottenstein opened Columbus, Ohio-based E.L. Schottenstein Department Stores in 1917 where Jay later learned the family business from his father, Jerome Schottenstein. Shop living room furniture including sectionals, sofas, chairs, chaises, recliners and more. At Value City Furniture, Jonathan Schottenstein has 7 colleagues who can be contacted including Ethan Bradshaw (Store), Ryan Smith (Store) …. In the past year, Schottenstein has expanded its holdings to include a number of luxury brands including Steuben Glass, “At Value City Furniture, we believe that everyone has the right to a well-furnished life,” said Value City Furniture President Jonathan Schottenstein. His first leadership role was in 1976 as a store manager in the family furniture business, Value City Furniture. In 1976, Jay Schottenstein joined Value City Furniture and in 1984, he was named company president. The Schottenstein's name only existed in Columbus and the stores in other areas were called Value City. Value City was an American discount department store chain with 113 locations. 1,066 executive movements have been recorded in the last 12 months. 4300 E 5th Ave, Columbus, OH 43219-1816. Other Schottenstein interests included the Value City Furniture chain (with over 60 stores), four Schottenstein Department Stores, real estate holdings, Shiffren Willens jewelry stores, and Sara Fredericks boutiques. Location of This Business. History [ edit ] Clothing store entrepreneur E.L. Schottenstein adapted his successful apparel store to sell furniture in the early 1900s after the post-World War II baby boom accelerated demand for furniture. Value City Furniture/ American Signature Furniture ... Senior Corporate Paralegal at Schottenstein Stores Corporation, American Signature, Inc. and Schottenstein Realty LLC During the Value City Furniture Presidents' Day Sale, the retailer offers 10 percent off its entire store and 20 percent off all of its mattresses. The investment firm owns interests in Value City Furniture (more than 125 superstores located primarily in the Eastern US), about 15% of casual clothing chain American Eagle Outfitters (some 1,000 mall stores in the US and Canada), and global retail consultant and liquidator SB Capital Group. 22 Mountain Rd, Glen Burnie, MD 21060-7974. The parent company of Burlington Coat Factory took over the company that owned Value City / Schottenstein's with interest mainly on the Value City Furniture chain. When Jay's father, Jerome, died of cancer in 1992, Jay inherited a retail empire that began in 1917, when former horse-and-buggy shoe peddler Ephraim Schottenstein, Jay's grandfather, opened the E.L. Schottenstein Department Store on South Parsons Avenue. But the concept was short-lived and the stores eventually were converted to American Signature and Value City. “For a long time, I was suspicious and I wasn’t at the same time. Schottenstein Stores Corp. 1800 Molar RoadColumbus, Ohio 43207U.S.A. Schottenstein is Chairman of the SB Capital Group and its subsidiaries. He was the founder of Schottenstein Stores Corporation which operated Value City Furniture hence the multiple names. Business Details. In 1930, Ephraim Schottenstein began selling living room and kitchen furniture out of the basement of a department store, and thus, the retailer was born. Value City Furniture History. Jay Schottenstein is the son of Jerome Schottenstein. Jonathan Schottenstein. Furniture and Home Goods. The store was an off-price retailer that sold clothing, jewelry, and home goods below the manufacturer suggested retail price. Goods & Services: Color is not claimed as a feature of the mark., "furniture", Retail store services, in the field of furniture, home and office furniture and furnishings, and decorative accessories, Value city furniture. I’m very fortunate to be associated with American Eagle Outfitters, DSW, and American Signature Furniture/Value City Furniture, to name a few of our affiliated brands. (614) 221-9200Fax: (614) 443-5810 Private Company Founded: 1917Employees: 15,000Sales: $1.2 billion (est. Living rooms, bedrooms, dining rooms, reclining furniture, mattresses, home décor, accents, accessories, sectionals, sofas and couches at everyday low prices. The Schottenstein family owns and operates Schottenstein Stores Corp., a holding company with stakes in major retail chains across the United States. Jay brought to the company the vision of launching different brands in the hopes of reaching as many different customers as possible. Value City store was a U.S. discount department founded in 1917 by Ephraim Schottenstein and now and now it is out more than 13 institutions and 4 Value City Furniture locations in the United Kingdom. Jerome Schottenstein (d. 1992) built a retail empire that included Value City Furniture and the predecessor to Big Lots. The full official name is the Jerome Schottenstein Center in honor of Columbus native Jerome Schottenstein who was the lead benefactor for the project. Other Schottenstein interests included the Value City Furniture chain (with over 60 stores), four Schottenstein Department Stores, real estate holdings, Shiffren Willens jewelry stores, and Sara Fredericks boutiques. Opportunism has long been a key to Schottenstein's retailing success. He has served as Chairman of the Board of Directors of SSC since March 1992, and as Chairman and CEO of SSC-owned American Signature, Inc., which consists of Value City Furniture and American Signature Furniture Stores. Jay Schottenstein and American Signature, Inc. A respected leader in the industry, Mr. Schottenstein has more than 40 years of experience leading well-known retail brands, including American Eagle Outfitters, Inc. (NYSE:AEO), Designer Brands, Inc. (NYSE:DBI), and Schottenstein Stores Corporation, doing business as American Signature Furniture and Value City Furniture. Value City was an American discount department store chain with 113 locations. A Value City In Saint Albans, West Virginia. Owner: Schottenstein Stores Corporation, 1800 Moler Road, Columbus, OH 43207 Another Schottenstein affiliate, SB Capital Group, is one of the nation's top retail liquidators, recently participating in the sell off of Circuit City , Fortunoff and Gottschalks. Designer Brands is part of the Schottenstein family of companies, along with American Eagle Outfitters, American Signature Furniture, Value City Furniture, and many others. The organizational chart of Value City Furniture displays its 11 main executives including Jonathan Schottenstein, Michelle Davis and Andrew Lee × We use cookies to provide a better service. Is Value City Furniture going out of business? The firm spun off about one-third of its largest and best-known division, Value City Department Stores, in June 1991. By 1994 this unit alone boasted $864.9 million in annual sales, having achieved annual same-store revenue increases in spite of a U.S. recession during the late 1980s and early 1990s. Such as Schottenstein Stores Corporation, American Eagle Outfitters, and DSW Inc. Or as the family collectively referred to it—The Business. American Signature Furniture offers other furniture options to customers, and much like its sister store Value City Furniture, American Signature Furniture offers home furnishings. Some of these brands have been around for many years – American Eagle started in 1977; DSW started in 1990; and American Signature Furniture/Value City Furniture started in 1948. In the Furniture industry, Jonathan Schottenstein has 2,678 colleagues in 271 companies located in 34 countries. He is CEO of American Signature Furniture and Value City Furniture. Who is the CEO of Value City Furniture?

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