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Retail Ventures chairman continues to increase stake
By Lisa Kerner
Charlotte, N.C., Dec. 30 - SEI, Inc., led by Retail Ventures Inc. chairman Jay L. Schottenstein, bought 614,600 shares of Retail Ventures' common stock for a total of $1.83 million between Dec. 18 and Dec. 24.
The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.
On Dec. 16 and Dec. 17, Schottenstein acquired 2,662,100 shares of Retail Ventures, a prior SEC filing said.
SEI owns 6,130,400 shares, or 12.6%, of Retail Ventures, the filing said.
Schottenstein beneficially owns 35,992,468 shares, or 60.9%, of the company.
Retail Ventures, based in Columbus, Ohio, operates DSW stores and Filene's Basement stores.
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