John V. Shields
John Shields (23 March 1932 - 31 October 2014) was an American businessman who was the CEO of the American grocery store chain Trader Joe's from 1988 to 2001.[1] Shields was voted the Master Entrepreneur of the Los Angeles Area in 1993.
Shields graduated from Stanford University (BA, 1954 and MBA 1956) and then served in the military for two years.[2]
Following that Shields joined Macy's California, a department store chain, in their executive training program, rising to the position of Vice President of Operations.
In 1979 Shields left Macy's to join Mervyn's Department Stores to help in their national expansion program. In the nine years he was with them, Mervyn's expanded from 36 to 175 stores.
His retirement from Mervyn's in 1987 lasted for five weeks. John was approached by an old friend from Stanford days who had founded the Trader Joe's grocery stores, Joe Coulombe. What was started out a consulting assignment led to Shields becoming CEO of TJ's a year later, when Coulombe decided to retire. During Shield's tenure TJ's grew from 27 stores to 174 stores, and from $132 million to $2 billion in sales. He retired from TJ's in 2001.[1]
References
- 1 2 GBR Conversation With John Shields Graziadio Business Report, Spring 2002
- ↑ "John V. Shields Jr. dies; Trader Joe's CEO made grocery chain a powerhouse". LA Times. November 6, 2014.