Mr. Jerald Stettner
President, Safe Harbor Properties & Investments
Member of the Retail Council
Council Member Biography
Jerald Stettner is the President of Safe Harbor Properties & Investments, a commercial and residential real estate investment company in Alpharetta, GA. He was the Senior Vice President of Store Operations at Eckerd, from 1981 to July 2004. Mr. Stettner directed operations for each of the 1,200 stores in seven regions, with full profit and loss responsibility for $7B in annual sales. He led a major change initiative achieving profit increases of 174% in 2001 and 69% in 2002. Prior to this, Mr. Stettner served as Senior Vice President, Strategic Operations and Regional Vice President at Eckerd. (This is me - Update Profile)
Employment History
- 2004 - Unspecified
- President, Safe Harbor Properties & Investments
- 1974 - 2004
- SVP, Store Operations, Eckerd
GLG NewsSM Analyses by Jerald Stettner
GLG News is now G+ Insights
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Generic pricing - Marketing or real change?
October 17, 2006
Wal-Mart Expands Generic Drug Plan | wmt.bloggingstocks.com
Walmart finds a new way to send an old message. Continuing its mission to be a low price leader.
Drug chains do not overreact to the generic pricing counting on their convenience and realizing there is a difference in the customer base of the Walmart shopper and the chain drug shopper.
The next phase, to expand the program to the rest of the Walmart stores, will probably happen on or before schedule and won't change a thing. -
Eckerd acquisition provides new opportunities
August 31, 2006
Rite Aid buying Eckerd, Brooks stores | www.boston.com
Implications of the further consolidation of the Eckerd stores creates the opportunity for Rite Aid to substantially improve their position in the market place.
It also potentially provides a greater challenge for CVS and Walgreens as a stronger competitor emerges from the struggling management of the BrooksEckerd stores.
While Rite Aid has posted better sales improvements than Brooks/Eckerd, it needs to get comp increases to a more competitive level if it is to grow market share. -
Rite Aid with right prescription?
August 31, 2006
Rite Aid to Buy Eckerd, Brooks Chains for $2.6 Bln | www.nytimes.com
Rite Aid will certainly stand a better chance to compete with CVS and Walgreen than it did before acquiring the Eckerd stores (assuming they can appropriately manage the debt) and certainly better than Coutu was competing with the two leaders.
Rite Aid must (and should be able to) turn around the sagging sales and slipping market share that the Eckerd stores have been experiencing and begin to grow again.
Rite Aid's deeper and more experienced management team could make a big difference in the acquired stores performance. -
Involvement is the key in shrink reduction.
July 7, 2006
Retailers Rail Against Shoplifting Rings | www.lvbusinesspress.com
Inventory shrinkage, whether internal or external, undermines profits and the hard work that is needed in any retail organization.
It can nullify many of the "right" things that happen everyday in a retail store.
It is a growing problem that requires focus and involvement from the top of the organization down to the clerk that rings the register.
If it is easy for the thief it will continue to grow and pressure profits.
GLG Study Groups with Jerald Stettner(?)
| Study Group Name | No. Members |
|---|---|
| Generic Drug Economic Experts | 887 |
| Cosmetics Experts | 662 |
| Experts in the Retail Council | 99 |
GLG Live Meetings with Jerald Stettner(?)
Jerald Stettner has not participated in any GLG Live Meetings.
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