A die-cuttable retractor/stabilizer for repositioning and stabilizing excessive and/or redundant tissue comprises a top layer and a backing layer. An adhesive on the top layer is exposed when the backing layer is separated from the top layer to enable the top layer to be applied to a surface. The retractor/stabilizer comprises a body having a top edge, side edges and a bottom edge. A tab portion is associated with the removable panel, such that the backing layer remains with the tab portion and the tab portion can be used to remove at least a portion of the backing layer from the retractor/stabilizer body. The retractor/stabilizer additionally includes at least one protected grasping/holding area located at an edge or corner of said retractor/holding area as the backing layer is removed from the body to provide a protected holding area once the backing layer has been removed from the body.