Jay Schottenstein | |
---|---|
Born | 1954 (age 70–71) |
Nationality | American |
Alma mater | Indiana University Bloomington (BS '76) |
Occupation | Businessman |
Known for | CEO of Schottenstein Stores Corp. CEO of American Eagle Outfitters CEO of American Signature |
Spouse | Jeanie Rabe |
Children | Joseph Schottenstein Jonathan Schottenstein Jeffrey Schottenstein |
Parent(s) | Geraldine Hoffman Schottenstein Jerome Schottenstein |
Family | Jon P. Diamond (brother-in-law) |
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. [1] [2] [3]
Schottenstein was born and raised in Columbus, Ohio, to a Jewish family, [4] [5] the son of Geraldine (née Hurwitz) and Jerome Schottenstein. His father, uncles, and grandfather established Schottenstein Stores Corporation. [6] Schottenstein graduated from Indiana University Bloomington in 1976. [3]
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] In 1993, after his father's death, he replaced his father as head of Schottenstein Stores Corporation. [6] [3] Since 2005, he has served as chairman of DSW.
Schottenstein oversees a network of businesses that include American Eagle Outfitters (NYSE:AEO), Designer Brands (NYSE:DBI), American Signature and Value City Furniture, SB360 Capital Partners and Schottenstein Property Group. [3]
Jay Schottenstein is married to Jeanie Schottenstein (née Rabe). [3] Schottenstein is a philanthropist and gives to local, national, and international charities. [3]
Leslie Herbert Wexner is an American billionaire businessman, the co-founder and chairman emeritus of Bath & Body Works, Inc..
Bath & Body Works, Inc. is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.
American Eagle Outfitters, Inc. is an American 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. American Eagle Outfitters is the parent company of Aerie, Unsubscribed and Todd Snyder.
Giant Eagle, Inc. is an American supermarket chain with stores in Pennsylvania, Ohio, West Virginia, Indiana, and Maryland. The company was founded in 1918 in Pittsburgh, Pennsylvania, and incorporated on August 31, 1931. Supermarket News ranked Giant Eagle 21st on the "Top 75 North American Food Retailers" based on sales of $11 billion. In 2021, it was the 36th-largest privately held company, as determined by Forbes. Based on 2005 revenue, Giant Eagle is the 49th-largest retailer in the United States. As of summer 2014, the company had approximately $9.9 billion in annual sales. As of fall 2023, Giant Eagle, Inc. had 496 stores across the portfolio: 211 supermarkets 8 standalone pharmacies, 274 fuel station/convenience stores under the GetGo banner, and three standalone car wash under the WetGo banner. The company is headquartered in an office park in Cranberry Township, PA in Butler County.
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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 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.
Designer Brands Inc. is an American company that sells designer and name brand shoes and fashion accessories. It owns the Designer Shoe Warehouse (DSW) store chain, and operates over 500 stores in the United States and an e-commerce website.
Retail Ventures was a holding company originally created in 2003 for 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.
Jerome Meyer Schottenstein was an American entrepreneur and philanthropist, co-founder of Schottenstein Stores Corp.
Value City Arena is a multi-purpose arena, located on the campus of Ohio State University, in Columbus, Ohio, United States. The arena opened in 1998 and is currently the largest by seating capacity in the Big Ten Conference, with 19,049 seats, which is reduced to 18,809 for Ohio State men's and women’s basketball games.
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 Corp., based in Columbus, Ohio, is a holding company for various ventures of the Schottenstein family. Jay Schottenstein and his sons Joey Schottenstein, Jonathan Schottenstein, and Jeffrey Schottenstein are the primary holders in the company.
Jon P. Diamond is an entrepreneur from Columbus, Ohio who co-founded the Safe Auto Insurance Company.
Schottenstein may refer to:
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Ralph Lauren Corporation, the legal name of the Ralph Lauren brand, is an American publicly traded luxury fashion company that was founded in 1967 by American fashion designer Ralph Lauren. Headquartered in New York City, the company produces luxury products. Ralph Lauren is known for marketing and distributing products in four categories: apparel, home, accessories, and fragrances. Known mostly for its flagship brand Polo Ralph Lauren, the company's brands include mid-range, sub-premium, and premium labels up to its highest priced luxury Ralph Lauren Purple Label apparel.
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The Jewish community of Greater Columbus has made up a small but noteworthy part of the region since the arrival of Jews in 1840. The community has gone through periods of growth, especially in the last quarter of the 20th century. Today, the well-established community includes schools, temples, elder care facilities, kosher food services, ritual baths, social clubs, community religious learning centers and other organizations and has a population of approximately 25,500, as of the most recent 2013 study. It is the 43rd largest Jewish community in the United States and the third largest in Ohio, trailing Cleveland and Cincinnati.