Content about 99 Cents Only Stores

February 7, 2013

99 Cents Only sales and profits increase in Q3; six stores on tap

99 Cents Only Stores reported that profit for the quarter ended Dec. 29 rose 6.5% to $51 million, compared with $47.9 million in the year-ago period.

February 7, 2013

99 Cents Only sales and profits increase in Q3; six stores on tap

99 Cents Only Stores reported that profit for the quarter ended Dec. 29 rose 6.5% to $51 million, compared with $47.9 million in the year-ago period.

January 24, 2013

Management shakeup at 99 Cents Only Stores; CEO out

The founding family of the 99 Cents Only Stores chain has been fired by its owners, with retail veteran Richard Anicetti and Michael Fung taking over top executive roles.

January 24, 2013

Management shakeup at 99 Cents Only Stores; CEO out

The founding family of the 99 Cents Only Stores chain has been fired by its owners, with retail veteran Richard Anicetti and Michael Fung taking over top executive roles.

September 18, 2012

99 Cents Only adds 40 natural gas trucks to fleet

99 Cents Only Stores said Tuesday it has leased 40 new compressed natural gas powered tractors from Ryder, which will replace diesel burning units with cleaner CNG rigs.

January 12, 2012

99 Cents Only Q3 sales up 11%

99 Cents Only Stores reported that total third-quarter revenue rose to $403.9 million, from $365.4 million.

November 10, 2011

99 Cents Only profit up 17% in Q2, on track to open 12 stores in second half

Discounter 99 Cents Only Stores reported Wednesday that profit for the second quarter rose 17% to $15.1 million, compared with $12.9 million a year earlier.

October 14, 2011

99 Cents Only same-store sales up 6.7% in Q2

99 Cents Only Stores reported that same-store sales for the second quarter rose 6.7%.

October 11, 2011

99 Cents Only in $1.6 billion buyout

Discounter 99 Cents Only Stores said Tuesday it has agreed to be acquired by a group of investors including its founding family, Ares Management and Canadian Pension Plan Investment Board for $1.6 billion in cash.

August 9, 2011

99 Cents Only Stores Q1 profit up, to open 16 new stores

Discount retailer 99 Cents Only Stores reported Monday that net income for the quarter ended July 2 rose to $17.7 million, from $16.8 million in the year earlier period.

March 14, 2011

Family Dollar sales rise 8.3%

Family Dollar today showed why dollar stores are such a hot commodity right now by reporting a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26.

March 11, 2011

99 Cents Only Stores gets buyout offer from founders, Leonard Green

Discount store retailer 99 Cents Only Stores has received a proposal to take the company private from the company's founding family and investment firm Leonard Green & Partners LP for $19.09 per share, the Associated Press reported.

May 26, 2010

99 Cents Only Q4 profit more than doubled

Discount retailer 99 Cents Only Stores said Wednesday that its fiscal fourth-quarter profit more than...

October 8, 2009

99 Cents Only Stores sales up in Q2

99 Cents Only Stores said Thursday that its same-store sales grew 2.3% in its second quarter....

January 7, 2009

99 Cents Only Stores Sales Up 8% in 3Q

99 Cents Only Stores reported total sales for its third quarter of 2009 ended Dec....

September 29, 2008

99 Cents Only Chairman Offers to Buy Texas Stores

99 Cents Only Stores Inc. said Monday it is considering a bid by its chairman...