99 Cents Only Company Description
Pass the buck, get a penny back. 99 Cents Only Stores sells closeout and regular general merchandise for 99 cents or less. With about 265 stores, the company sells name-brand and private-label food and beverages, health and beauty aids, household goods, toys, and more. Most of the company's stores are in Southern California, but there are also a few in central California, Las Vegas, Phoenix, and Texas. The firm's Bargain Wholesale unit distributes discounted merchandise to retailers, distributors, and exporters. The Gold family owns more than one-third of the company and is actively involved in running it. (Chairman David is the founder; his son Jeff is president, and son-in-law Eric Schiffer is its CEO.)
View the Comprehensive Company Description for 99 Cents Only
The Company Description provides a historical perspective of 99 Cents Only's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of 99 Cents Only's evolution in the marketplace.
