Company Information

About the Company

99¢ Only Stores is a unique deep-discount retailer of primarily name-brand consumable general merchandise, where nothing is over 99¢, ever! We are the oldest single-price retail chain in the country.

Our vision is to be America’s favorite and best run deep-discount store! Our mission is to provide an exciting primary shopping destination for price-sensitive consumers, and a fun treasure-hunt shopping experience for other value conscious consumers. We are driven to accomplish this mission with a core strategy to offer only excellent values on a wide selection of quality food and basic household items with a focus on name brands and an exciting assortment of surprises, all for 99¢ or less!

Our stores are attractively merchandised, clean, full service "destination" locations that offer customers significant value on their everyday household needs in an exciting shopping environment. Merchandise encompasses a wide array of name-brand closeout and regularly available consumable products including food and beverages such as: produce, deli, and other basic grocery items, health and beauty care, and household supplies.

From our first store opening in 1982, our chain of 99¢ Only Stores has expanded to over 281 stores; 198 in California, 47 in Texas, 24 in Arizona, and 12 in Nevada. The stores that were open for a full year averaged 21,722 square feet and generated average net sales per estimated sellable square foot of $263 and average net sales per store of $4.5 million. For fiscal 2008, total sales were $1.2 billion.