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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 [ 1 ] and Value City Furniture [ 2 ] sell residential furniture manufactured by American Signature, Inc., as well as more than 30 additional manufacturers from 125 ...
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 .
In 1976, Schottenstein began working in his father's business, joining Value City Furniture. [7] [citation needed]Schottenstein became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. [2]
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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.
Many of the rebranded Value City stores did not survive the transition, and were later closed by the end of the decade, with Value City itself shuttering in 2008. The Franklin Building, the chain's corporate home for many years, was redeveloped in the mid-1990s.
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