1982; 42 years ago (1982), in Los Angeles, California, United States
Founder
Dave Gold
Defunct
2024 (2024)
Headquarters
Commerce, California
,
United States
Number of locations
371 (at the announcement of its eventual closure)
Area served
United States (locations in California, Texas, Arizona, and Nevada)
Key people
Barry J. Feld (CEO)
Mike Simoncic (Interim CEO)
Jesse Allen (COO)
Perry Pericleous (CFO)
Revenue
$2.06 billion (2017)
Operating income
$53 million (2017)
Net income
$118 million (2017)
Total assets
$662.87 million (2009)
Total equity
$523.85 million (2009)
Owner
Ares Management CPP Investment Board
Number of employees
14,000 (2024)
Website
99only.com
99 Cents Only Store in Dallas
99 Cents Only Stores LLC (also branded as The 99 Store[1]) is an American price-point retailer chain based in Commerce, California, United States of America. It offers "a combination of closeout branded merchandise, general merchandise and fresh foods." The store initially offered all products for 99¢ or less.[2] The base price became 99.99¢ in 2007 and products were later introduced at higher prices.
Founded by Dave Gold in 1982, the retailer chain has locations in California, Arizona, Nevada, and Texas. The company also operates Bargain Wholesale, which sells wholesale to retailers across the United States and exports to more than 15 countries from showrooms in Los Angeles. It also exhibits at trade shows in Las Vegas and Chicago. The company announced all stores would close beginning April 5, 2024 and culminate on June 3, 2024 due to financial hardship.
^"Bring Home More! Redeem This Coupon at the 99 Store". 99 Cents Only Stores. Retrieved September 21, 2021.
^Chang, Andrea (July 22, 2010). "99 Cents Only Stores sued over price increase". Los Angeles Times. Retrieved November 21, 2010.
and 24 Related for: 99 Cents Only Stores information
99CentsOnlyStores LLC (also branded as The 99 Store) is an American price-point retailer chain based in Commerce, California, United States of America...
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cent. All other businesses use only ten cent intervals as follows: Prices are rounded down to the nearest 10 cents for sales ending in 1 to 4 cents....
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Global Information
$2.06 billion (2017)
$53 million (2017)