This entry was posted on Tuesday, January 10th, 2012 at 3:10 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Site Search:
January 10, 2012
Eric Schiffer is the director and CEO of the retailer chain 99 Cents Only Stores. He has been working in this company for 20 years and served in different types of managerial capacities. Before joining 99 Cents Only Stores, Schiffer worked as a venture capitalist at the venture capital company Oxford Partners. The name of Eric Schiffer will always come if you are looking for information on 99 Cents Only Stores. He is the person who has made these price point retail stores popular among the customers. Because of him it became a household name in the United States. David Gold founded the company in the year 1982 but its business grew at fast pace after Eric Schiffer joined.
Schiffer’s contribution to 99 Cents Only Stores
Eric Schiffer is quite famous as a management expert. He has worked really hard for making 99 Cents Only Stores a well-known brand in the country. Under his management, the company expanded and various new chains have been formed. Lots of new branches where formed under the leadership of Eric Schiffer. Since he joined the company, it developed rapidly during the 1990s. The management skills and expertise of Schiffer were recognized and he was promoted to the post of the company’s president in March of 2000. Then in January 2005 he became the chief executive.
Education and training
Besides 99 Cents Only Stores, Eric Schiffer has also worked in other enterprises in various posts. He has graduated from the Harvard Business School. After passing out he wanted to learn the management procedure in a better way. He worked at several for improving his expertise and learned how to create better sales. Eric Schiffer acquired all his essential marketing skills while working at Oxford Partners. He used the training he received to set up a module of fast expansion for the retail chain. Besides this he also researched on various principles of management which were applied for the development of 99 Cents Only Stores.
About 99 Cents Only Stores
The 99 Cents Only Stores is a California based retail chain where the stores offer the items at a price of $0.99 or even less than that. Most of their stores are located in the southern parts of California. Other stores are in the states of Arizona, Nevada and Texas. Bargain Wholesale is also operated by this company and has showrooms in cities such as Lost Angeles, Houston and Chicago.
read comments (0)