99 Cents Only Stores

99 Cents Only Stores LLC
Company typePrivate
IndustryDiscount, variety store
Founded1982; 42 years ago (1982), in Los Angeles, California, United States
FounderDave Gold
DefunctJune 5, 2024
Headquarters,
United States
Number of locations
371 (at the announcement of its eventual closure)
Area served
United States (locations in California, Texas, Arizona, and Nevada)
Key people
  • Barry J. Feld (CEO)
  • Mike Simoncic (Interim CEO)
  • Jesse Allen (COO)
  • Perry Pericleous (CFO)
RevenueIncrease $2.06 billion (2017)
Decrease $53 million (2017)
Decrease $118 million (2017)
Total assetsIncrease $662.87 million (2009)
Total equityDecrease $523.85 million (2009)
Number of employees
14,000 (2024)
WebsiteArchive of 99only.com
99 Cents Only Store in Dallas

99 Cents Only Stores LLC (also branded as The 99 Store[1]) was a price-point retailer chain based in Commerce, California, United States of America. It offered "a combination of closeout branded merchandise, general merchandise and fresh foods." The store initially offered all products for 99¢ or less.[2] The base price became 99.99¢ in 2007 and products were later introduced at higher prices.

Founded by Dave Gold in 1982, the retailer chain had locations in California, Arizona, Nevada, and Texas. The company also operated Bargain Wholesale, which sells wholesale to retailers across the United States and exports to more than 15 countries from showrooms in Los Angeles. It also exhibited at trade shows in Las Vegas and Chicago. The company announced all stores would close beginning April 5, 2024 and culminated on June 3, 2024 due to financial hardship.

  1. ^ "Bring Home More! Redeem This Coupon at the 99 Store". 99 Cents Only Stores. Archived from the original on September 21, 2021. Retrieved September 21, 2021.
  2. ^ Chang, Andrea (July 22, 2010). "99 Cents Only Stores sued over price increase". Los Angeles Times. Archived from the original on May 1, 2011. Retrieved November 21, 2010.