99 Cents Only Stores
Company Information

99 Cents Only Stores Company Profile

Pass the buck, get a penny back. 99 Cents Only Stores sells closeout and regular general merchandise for 99 cents, or less. With about 300 stores, the company sells name-brand and private-label food and beverages (more than 50% os sales), health and beauty aids, household and seasonal goods, hardware, toys, and more. Nearly three-quarters of its stores are in California; other stores are located in Arizona, Nevada, and Texas. The company's Bargain Wholesale unit distributes discounted merchandise to retailers, distributors, and exporters. Founded in 1982, 99 Cents Only Stores was taken private by Ares Management, Canada Pension Plan Investment, and the Gold/Schiffer family in 2012.