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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.
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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.
Family patriarch Simon Lazarus (1808–1877) opened a one-room men's clothing store in downtown Columbus in 1851. By 1870, with improvements to the industry in the mass manufacture of men's uniforms for the Civil War, the family business expanded to include ready-made men's civilian clothing, and eventually, a complete line of merchandise. [2]
The center was built in 1959 on what was once the Galbraith farm between Tremont Road and Northwest Boulevard in Upper Arlington, a suburban city founded in 1918. [3] In 1963, Les Wexner borrowed $5,000 from his aunt to open the first Limited store – the first of what is now a billion-dollar retailing empire, L Brands. [1]
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