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November 28, 2015 12:19 PM ET

Multiline Retail

Company Overview of 99 Cents only Stores LLC

Company Overview

99 Cents only Stores LLC retails consumable and general merchandise, and seasonal products. Its stores offer an assortment of regularly available consumer goods, as well as a variety of first-quality closeout merchandise; and domestic and imported fresh produce, deli, dairy, and frozen and refrigerated food products. As of November 10, 2015, the company operated 390 retail stores located in California, Texas, Arizona, and Nevada. It also engages in the wholesale distribution of various products. The company was founded in 1965 and is headquartered in City of Commerce, California.

4000 Union Pacific Avenue

City Of Commerce, CA 90023

United States

Founded in 1965

18,200 Employees



Key Executives for 99 Cents only Stores LLC

Chief Executive Officer and President
Age: 64
Chief Financial Officer and Treasurer
Age: 51
Senior Vice President of Logistics
Chief Merchandising Officer
Age: 54
Compensation as of Fiscal Year 2015.

99 Cents only Stores LLC Key Developments

99 Cents Only Stores Opens Store in Mira Mesa, CA

99 Cents Only Stores announced the opening a new store in Mira Mesa. The new Mira Mesa store is located at 10765 Camino Ruiz and will feature a perishable food department, including produce, dairy and frozen foods.

99 Cents Only Stores to Open its New Folsom, California Store

On November 18, 2015, 99 Cents Only Stores will kick off the grand opening celebration of its new Folsom store by selling Flat Screen LCD TVs for only 99 cents to the first nine customers in line! The company will open a new store in Folsom and wants to spread the excitement by offering amazing deals! The new Folsom store is located at 1012 Riley Street and will feature a perishable food department, including produce, dairy and frozen foods.

99 Cents Only Stores LLC Announces Management Changes

99 Cents Only Stores LLC announced that effective on November 2, 2015, Felicia Thornton has been appointed as its Chief Financial Officer and Treasurer, where she will be responsible for overseeing finance, accounting, treasury, risk management, legal and IT functions for the company. Interim CFO Michael Fung will continue in his position as a member of the company's Board of Directors and will return to his position as head of the Board's Audit Committee. Most recently at DSM Inc., she served as Co-Chief Executive Officer, President and Chief Operating Officer of the supermarket chain.

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