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 270 stores, the company sells name-brand and private-label food and beverages, health and beauty aids, household goods, toys, and more. Though most stores are in California, the company also operates locations in Arizona, Nevada, and Texas. The firm's Bargain Wholesale unit distributes discounted merchandise to retailers, distributors, and exporters. The Gold family owns about 35% of the company and is actively involved in running it. Chairman David Gold is the founder, and his son Jeff is president; son-in-law Eric Schiffer is the firm's 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.
