Eric Schiffer is a man who is very popular worldwide because he is the founder of 99 cents only stores. Since he joined this company in 1991, until today he has proved that, he is a very important person in the company. What made the company to grow and to reach global customers is its quick success. Schiffer was chosen by David Gold to be one of the members of managerial team of the firm. He graduated from Harvard business school and He’s managerial skills made him to be named the president of the firm.
There is no doubt at all that, every company goes through setbacks in its journey to success and the 99 cents only store is not an exception. But, effective management people like Eric Schiffer and David Gold, know how to handle these difficult situations and they have also proved that, they are the best and are capable of taking the company to the next level. The founder and chairman of 99 Cents Only Stores established the stores in order to liquidate selling of wines at most liquor shops. To make this idea successful, he came up with store of bargains and this lead to the formation of Eric Schiffer99 Cents Only Stores.
During the opening day, David Gold managed to sell TVs for 99 cents only and this made the store to receive huge publicity in United States. The company has managed to stand during hard times and up to date, these stores are popular in the retail market and there are some products which are sold for as low as 99 cents only. Some of the contributions that, David Gold and Eric Schiffer did made the chain stores to be successful, to reach greater heights and to help consumers get products which they use daily at reasonable prices in the market. So when consumers purchase products from Eric Schiffer99 Cents Only Stores, they save a lot of money but not losing the money.
The founder of the company is Eric Schiffer. He has served the firm in various positions and the chain successful achievement is because of him. Eric has managed to inspire many people in the retail industry. His relentless commitment has made the company to have a successful career. The firm performed very well in financial and non-financial terms under his leadership. According to Eric, if a company wants to grow it should have strong business relationship with the best manufacturers worldwide.