Stew Leonard Jr.

Last updated

Stew Leonard Jr.
Stew Leonard Jr., supermercadista americano, durante palestra na 47a Convencao ABRAS. (10160937933).jpg
Stew Leonard Jr. in 2013
Born1954 (age 6869)
Alma mater
Occupation(s)President and CEO of Stew Leonard's [1]
Partner
Kim Kral
(m. 1983)
Children5

Stew Leonard Jr. (born 1954) is an American businessman who has been president and CEO of Stew Leonard's, a supermarket chain based in Connecticut and New York, since 1991. [1] [2]

Contents

Early life

Stew Leonard Jr. was born in 1954 to Marianne (née Guthman) and Stew Leonard Sr. [3] He comes from a long line of family members in the dairy business. His grandfather, Charles Leo Leonard, founded Clover Farms Dairy in Norwalk, Connecticut in the 1920s. [4] The elder Leonard and his sons would deliver milk door-to-door straight from the farm. When Charles Leonard died, the business passed to Stew Leonard Sr., who wanted to move beyond being a milkman. [5] Stew Leonard Sr. would then open the original Stew Leonard's dairy store in Norwalk in 1969. Stew Leonard Jr. often worked in that original dairy store as a child, washing out milk cans, loading egg shelves, and performing other basic tasks. [4] Leonard graduated from Staples High School in Westport, Connecticut in 1972. [3]

Leonard later attended Ithaca College, [6] earning a Bachelor of Science in Accounting in 1977. [7] He continued his education at UCLA's Anderson School of Management, where he earned a Master of Business Administration in 1982. [1]

Career

Stew Leonard Jr. first took over the helm of Stew Leonard's in 1991, after his father Stew Leonard Sr. was charged with a $17 million tax fraud by the IRS. [8] At the time, there was some major concern about Stew Leonard Jr.'s ability to continue the success that the chain had experienced under his father.

The first few years were turbulent under Stew Leonard Jr., but he quickly turned it around. The store in Norwalk was earning less than $100 million in 1991, but, by 2002, Leonard had helped increase sales to $300 million with 3 stores. [5] Leonard attributes the success of the company to its emphasis on customer service and employee care. [9]

Under Stew Leonard Jr., the grocery store chain has also been recognized as one of the best places to work in the nation. 82% of all managers are promoted from within, and Stew Leonard's frequently applies positive reinforcement to boost employee morale. [9] In 1999, Stew Leonard spearheaded the opening of a store in Yonkers, New York. The store continued the "Disneyesque" theme, but it also housed the first Stew Leonard's Wines store. [10]

By 2014, Leonard had helped grow the business to four grocery stores. Additionally, there are 9 wine stores across Connecticut, New York, and New Jersey, each of which is independently owned and operated by family members. [1] The food and wine stores cumulatively employ 2,000 people and approach $400 million in sales per year. This is despite the fact that the company (proudly) offers only 2,000 items, a large majority of which is perishable and prepared food. [1]

The success of these business principles has gained Stew Leonard Jr. a significant degree of respect in the retail industry. Stew Leonard's Wines was also recognized by Wine Enthusiast Magazine as the Retailer of the Year in 2011 and 2013. [11] Leonard is a prominent public speaker and is featured as one of the top orators at the prestigious Washington Speakers Bureau. [12]

Philanthropy

Leonard and his wife, Kim, founded the Stew Leonard III Children's Charities, which offer swimming lessons to thousands of underprivileged youths each year. [1] They have also released a series of children's books about water safety that feature the character, Stewie the Duck. In 2012, they released an app version of the children's book with Stewie the Duck at the forefront. A program featuring the character has been used by firefighters in Rialto, California and employees at a children's hospital in Phoenix, Arizona to teach children about water safety. [13] [14]

Personal life

Leonard married Kim Kral in 1983. They met while attending college together at UCLA. [3] Together, they had five children: four daughters and one son. Their son, Stew "Stewie" Leonard III, drowned at the age of 21 months in 1989. [3] [15]

On April 27, 2023, Stew Leonard Jr.'s father, Stew Leonard Sr., died from a short illness at age 93. [16]

Awards

Leonard was awarded the Dale Carnegie Leadership Award. [15]

Related Research Articles

<span class="mw-page-title-main">Convenience store</span> Small store that stocks a range of everyday items

A convenience store, bodega, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal or include a small deli. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores.

<span class="mw-page-title-main">Grocery store</span> Retail store that primarily sells food and other household supplies

A grocery store (AE), grocery shop (BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops.

<span class="mw-page-title-main">Kroger</span> American retail company

The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the United States.

<span class="mw-page-title-main">Wegmans</span> Supermarket chain in the northeastern United States

Wegmans Food Markets, Inc. is a privately held American supermarket chain. It is headquartered in Gates, New York, and was founded in 1916 in Rochester.

<span class="mw-page-title-main">Harris Teeter</span> American supermarket chain

Harris Teeter Supermarkets, LLC., also known as Harris Teeter Neighborhood Food & Pharmacy, is an American supermarket chain based in Matthews, North Carolina, a suburb of Charlotte. As of January 2023, the chain operates 258 stores in seven South Atlantic states and the District of Columbia. Supermarket News ranked Harris Teeter No. 34 in the 2012 "Top 75 Retailers & Wholesalers" based on 2011 fiscal year sales of $4.3 billion.

<span class="mw-page-title-main">ShopRite (United States)</span> Supermarket chain owned by Wakefern Corporation

ShopRite is a retailers' cooperative of supermarkets with stores in six states: Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania.

<span class="mw-page-title-main">Marc's</span>

Marc's Stores is a discount drugstore-and-grocery chain, with stores in northern and central Ohio. It is owned by Clevelander Marc Glassman. Marc's has over 60 stores in the Cleveland, Akron, Canton, Youngstown, Columbus, and Dayton areas.

<span class="mw-page-title-main">Bashas'</span> Arizona based grocery store chain

Bashas' is a family-owned grocery store chain, primarily located in Arizona, with two locations outside the state in Crownpoint, New Mexico, and Shiprock, New Mexico. Its headquarters are in unincorporated Maricopa County, Arizona, near Chandler. As of December 15, 2021, Bashas' is owned by Raley's Supermarkets.

<span class="mw-page-title-main">Stew Leonard's</span> American supermarket chain

Stew Leonard's is a regional chain of seven supermarkets in Connecticut, New York, and New Jersey, which Ripley's Believe It or Not! deemed "The World's Largest Dairy" and Fortune magazine listed as one of the "100 Best Companies to Work For".

Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer deeply discounted, overstocked, and closeout products from name brand and private label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Pennsylvania and New Jersey.

<span class="mw-page-title-main">Mars (supermarket)</span> U.S. grocery chain

Mars was a local chain of grocery stores in metropolitan Baltimore, Maryland. Mars operated 13 supermarket locations in the Baltimore area until it filed for bankruptcy in 2016.

Sedano's Supermarkets is the nation's largest Hispanic retailer and largest Hispanic-owned supermarket chain. With headquarters in Miami-Dade County. Sedano's employs approximately 3,000 associates and operates 35 stores across Florida in Miami-Dade, Broward, Orange, and Osceola counties. Sedano's is also the largest member of Associated Grocers of Florida, a wholesale grocery food cooperative. In 2020, Sedano's Supermarkets was named Food and Wine’s 20 Best Regional Supermarket Chains of All Time.

<span class="mw-page-title-main">Save Mart Supermarkets</span> Company

The Save Mart Companies is an American grocery store operator founded and headquartered in Modesto, California. It owns and operates stores under the names of Save Mart, Lucky, Lucky California, FoodMaxx, and Maxx Value Foods. The stores are located in northern and central California and northern Nevada.

<span class="mw-page-title-main">Dari Mart</span>

Dari Mart is a chain of convenience stores located in the U.S. state of Oregon. Dari Mart has 44 stores located exclusively within the Willamette Valley of Oregon, from Albany to Cottage Grove. It is most notable as a supplier of milk, ice cream, and other dairy products from Lochmead Farms, one of the largest independent dairy farms in the Pacific Northwest. Most store locations are in the Eugene-Springfield metropolitan area in Lane County, Oregon, while several stores are located in rural communities in Lane, Linn and Benton Counties. Lochmead Farms sells 1.5 million US gallons (5,700,000 L) of milk and 500,000 US gallons (1,900,000 L) of ice cream a year through the chain of stores, and the joint store-farm operation employs more than 450 people. The company has started selling dairy products internationally as well.

George Ludlum Hartford was the longtime chairman and treasurer of the Great Atlantic and Pacific Tea Company (A&P), serving in those positions for over 40 years from 1916 until his death. He was the successor to his father, George Huntington Hartford (1832–1917) and led the company with his younger brother, John Augustine Hartford (1872–1951). Under the terms of their father's will, the two brothers had total control of the company's voting stock as long as either was alive. "Mr. George" as he was known to distinguish him from his father, "Mr. Hartford", was considered the "financial genius" at the firm who balanced his brother, "Mr. John" who was the firm's "merchandising power". They built the chain into the world's largest retailer with annual sales of $4.5 billion in 1957 when George died. Time magazine interviewed John and his brother George who were on their cover in November 1950. The Wall Street Journal in an editorial on August 29, 2011, wrote "Together the brothers, neither of whom had finished high school, built what would be, for 40 years, the largest retail outlet in the world." The New York Times in an editorial on September 7, 2011, wrote that John and George Hartford "were among the 20th century’s most accomplished and visionary businessmen".

<span class="mw-page-title-main">Fairway Market</span> American grocery chain

Fairway Market is an American grocery chain, founded in 1933 by Nathan Glickberg. It is currently one of the store banners owned by the Wakefern Food Corporation, a company famous for its flagship supermarket cooperative network, ShopRite.

Rouses Markets are a chain of grocery supermarkets in the U.S. states of Louisiana, Alabama and Mississippi with more than 6,500 employees.

<span class="mw-page-title-main">Rustan's</span>

Rustan's is a Philippine chain of upmarket department stores owned by the Rustan Group of Companies (RGOC). Rustan's Department Store is the flagship brand of the Rustan Group of Companies and has five major branches, three boutiques and an online shopping store rustans.com. Rustan's Department Store is considered the Philippines most prestigious retailer, carrying many of the world's most famous upscale or luxury brands names, among them, Cartier, Mikimoto, Tiffany, Ermenegildo Zegna, Nina Ricci, Alfred Dunhill, Sonia Rykiel, and Estee Lauder. Rustan's was the first in the Philippine retailer to introduce a customer loyalty program, "Frequent Shoppers Plus" and a Wedding Registry.

<span class="mw-page-title-main">Schwegmann Brothers Giant Supermarkets</span> Defunct American supermarket chain

Schwegmann Brothers Giant Supermarkets, commonly known as Schwegmann or colloquially Schwegmann's, is a defunct grocery store chain that served the New Orleans, Louisiana, metropolitan area until 1997. The chain developed significant innovations in grocery retailing and influenced other big box retailers that emerged in the latter 20th century and early 21st century. The founder and chief executive of the modern version of the chain was John G. Schwegmann, although his uncle and grandfather ran predecessors to the modern chain.

Caraluzzi's is an American regional chain of grocery stores headquartered in Bethel, Connecticut. The chain currently operates 9 locations in the Greater Danbury area. The company was voted 4th favorite regional grocer in Connecticut in 2022.

References

  1. 1 2 3 4 5 6 Swaby, Rachel (March 2014). "Stew Leonard's Big Idea". UCLA Anderson School of Management . Retrieved June 29, 2014.
  2. Levin-Epstein, Amy. "A grocery scion reflects on survival and success". CBS Money. CBS News. Retrieved January 25, 2016.
  3. 1 2 3 4 Garrity, Philip (January 14, 2015). "The Man In The Maze: Stew Leonard Jr". westchestermagazine.com. Retrieved November 20, 2021.
  4. 1 2 Perrefort, Dirk (December 2, 2010). "Stew Leonard Jr. picked for Previdi Award in Danbury". The News-Times . Retrieved June 29, 2014.
  5. 1 2 Whitford, David (November 1, 2002). "Back From The Brink". CNNMoney . Retrieved June 29, 2014.
  6. Fostel, Robin (2003). "Stew Leonard Jr. '77 runs a top-100 food company". Ithaca College Quarterly. Retrieved June 29, 2014.
  7. "Levine Lecture: Stew Leonard". Western Carolinian. February 23, 2005. Retrieved June 29, 2014.
  8. Whitford, David. "Back From The Brink". CNN Money. Retrieved January 25, 2016.
  9. 1 2 Hammond, Richard (2011). Smart Retail: Practical Winning Ideas and Strategies from the Most Successful Retailers in the World (3 ed.). FT Press. ISBN   978-0273744542.
  10. McAleer Vizard, Mary (September 1, 1999). "Commercial Real Estate; Stew Leonard's and Other Stores Set for Yonkers". The New York Times . Retrieved July 9, 2014.
  11. "Wine Star Awards Videos". Wine Enthusiast Magazine . Retrieved July 9, 2014.
  12. Stowe, Stacy (May 6, 2004). "Governor and Insurance Firm Differ on Reason for Free Trip". The New York Times . Retrieved June 29, 2014.
  13. Hutson, Nanci G. (May 29, 2012). "Stewie Leonard III's legacy is one of water safety for all children". The News-Times . Retrieved July 9, 2014.
  14. "Stew Leonard's Makes Kids' Water Safety a Top Priority". May 10, 2017.
  15. 1 2 "Stew Leonard Jr". allamericanspeakers.com. Retrieved November 20, 2021.
  16. "Founder Stew Leonards chain, Stew Leonards Sr. dies as 93". NorthJersey. April 27, 2023. Retrieved April 27, 2023.