99 Cents Only Stores · Commerce, CA United States ·(NYSE: NDN)
Company Description
Phone: 323-980-8145
Fax: 323-980-8160
Rankings
- S&P 400
View 99 Cents Only Stores Locations On A US Map
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This link will open in a new window 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. To read the full description, subscribe now.
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Key 99 Cents Only Stores Financials
| Company Type | Public - NYSE: NDN Headquarters |
| Fiscal Year-End | March |
| 2009 Sales (mil.) | $1,302.9 |
| 2009 Employees | 11,500 |
99 Cents Only Stores Executives
24 executives listed for 99 Cents Only Stores's Commerce, CA location.
| Title | Name & Bio | Contact |
| Chairman | David Gold | Network |
| CEO and Director | Eric Schiffer | Network |
| President, COO, and Director | Jeff Gold | Network |
Competition
Competitive Landscape for 99 Cents Only Stores
Population growth, particularly among households with children, drives demand in the consumer sector, and economic growth drives demand in the commercial sector. The profitability of individual companies depends on efficient operations and effective sales and marketing. Large companies have scale advantages in purchasing, manufacturing, distribution, and marketing. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. The industry is capital-intensive: average annual revenue per worker is more than $1 million. The industry is about evenly split between the consumer and commercial segments. Both segments are highly competitive, and large companies spend millions to maintain market share. To read the full description, subscribe now.Top 99 Cents Only Stores Competitors
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