99 Cents Only Stores

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  • Founded in 1982, 99 Cents Only Stores are the oldest single-priced retailer in the United States. For over a quarter century, all merchandise in the stores was sold for 99 cents or less. In September 2008, the company reported that the rising cost of fuel and commodities had forced a price hike of nearly one cent on some items, to 99.99 cents.Telegraph: 99 Cents Only Stores raises prices (September 9, 2008)
  • Fast Facts

    1. Stock Symbol: NYCE: NDN
    2. Annual Revenue: $1.15 Billion US
    3. Founder: David Gold
    4. Year Established: 1982
    5. Industry: Discount, Variety Stores
    6. Phone: 323-980-8145
    7. General Email: contact1@99only.com
    8. HQ: Commerce, California (USA)
    9. President: Jeff Gold
    10. CEO: Eric Schiffer
    11. CFO: Robert Kautz
    12. Staff: 10,000
    13. 262 stores January 31, 2008
    14. Majority of stores located in Los Angeles, Chicago and Houston
  • Key Dates

    1. 1982: 99 Cents Only Stores Founded
    2. 2007: 251 stores open
    3. October, 2007: Pricing structures changed

  • Product List

    99 Cents Only Stores sell a variety of products including produce, beverages, deli items, along with other basic grocery items. They also sell health and beauty care and household supplies.
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Managed Since: 10/30/2009
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