Company type | Private |
---|---|
Industry | Discount, variety store |
Founded | 1982Los Angeles, California, United States | , in
Founder | Dave Gold |
Defunct | June 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 | |
Revenue | $2.06 billion (2017) |
$53 million (2017) | |
$118 million (2017) | |
Total assets | $662.87 million (2009) |
Total equity | $523.85 million (2009) |
Number of employees | 14,000 (2024) |
Website | Archive of 99only.com |
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.