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June 13, 2014

99 Cents Only Stores LLC reported net income of $9.57 million in the first quarter of fiscal 2015, up from $897,000 in the same quarter a year earlier.

City of Commerce, Calif. — 99 Cents Only Stores LLC reported net income of $9.57 million in the first quarter of fiscal 2015, up from $897,000 in the same quarter a year earlier. 

Net sales rose $477.9 million, up 7% from $445.2 million in the first quarter of fiscal 2014. 

June 2, 2014

99 Cents Only Stores named Christopher Laurence as the company's interim CFO, treasurer and secretary.

New York -- 99 Cents Only Stores named Christopher Laurence as the company's interim CFO, treasurer and secretary. Laurence replaces Frank Schools, who resigned to pursue other opportunities.

Laurence most recently was CEO of ThreeSixty Group, a product development and sourcing company for consumer product brands and retailers.

 

April 15, 2014

99 Cents Only Stores LLC reported a widening net loss in an abbreviated 10-month fiscal 2014 which was shortened from the Saturday closest to the end of March to the Friday closest to the end of January.

City of Commerce, Calif. – 99 Cents Only Stores LLC reported a widening net loss in an abbreviated 10-month fiscal 2014 which was shortened from the Saturday closest to the end of March to the Friday closest to the end of January. Net loss grew to $12.48 million from $8.9 million.

Total net sales were $1.53 billion, down 8% from $1.66 billion. Same-store sales rose 3.7%.

February 6, 2014

99 Cents Only Stores is opening three new stores on Thursday, Feb. 13.

City of Commerce, Calif. – 99 Cents Only Stores is opening three new stores on Thursday, Feb. 13. The stores are located in Scottsdale, Ariz., Carson, Calif., and Humble, Texas.

The Scottsdale store is approximately 14,000 sq. ft., the Carson store is approximately 17,000 sq. ft. and the Humble store is approximately 12,000 sq. ft. All three will feature a perishable food department, including produce, dairy and frozen foods.

 

November 14, 2013

99 Cents Only Stores opens two new stores in California on Nov. 21.

City of Commerce, Calif. – 99 Cents Only Stores opens two new stores in California on Nov. 21. The stores will be located in the towns of Menifee and Corona.

The Menifee store will measure 18,000 sq. ft., while the Corona store will measure 19,400 sq. ft. 99 Cents Only Stores currently operates 335 extreme value retail stores consisting of 241 stores in California, 44 in Texas, 33 in Arizona, and 17 in Nevada.

 

October 3, 2013

99 Cents Only Stores is opening its first store in Maricopa, Ariz., on Oct. 10.

City of Commerce, Calif. – 99 Cents Only Stores is opening its first store in Maricopa, Ariz., on Oct. 10. The new store is approximately 11,615 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

99 Cents Only currently operates 331 retail stores consisting of 238 stores in California, 44 in Texas, 32 in Arizona, and 17 in Nevada.
 

September 27, 2013

99 Cents Only has announced the opening of two new stores.

City Of Commerce, Calif. — 99 Cents Only has announced the opening of two new stores. The retailer will open an 18,960o-sq.-ft. store in McAllen, Texas, and an 11,685-sq.-ft. store in Laveen, Ariz. The grand opening of each store will feature the sale of Westinghouse Flat Screen TVs for only 99 cents each to the first nine customers in line to visit the store.

Both stores will feature a perishable food department, including produce, dairy and frozen foods.
 

September 26, 2013

99 Cents Only Stores, Inc. is opening two new stores in the Southwestern U.S. today. One is located in Arizona, and one in Texas.

City of Commerce, Calif. – 99 Cents Only Stores, Inc. is opening two new stores in the Southwestern U.S. today. One is located in Arizona, and one in Texas.

99 Cents Only is opening its first store in Laveen, Ariz. at 3610 West Baseline Road. The store is approximately 11,685 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

August 8, 2013

As a result of slumping net and same-store sales, Aeropostale is forecasting a net loss per share of between 42 cents and 44 cents during the second fiscal quarter of this year, which is 19 cents higher than the previously issued guidance.

New York – As a result of slumping net and same-store sales, Aeropostale is forecasting a net loss per share of between 42 cents and 44 cents during the second fiscal quarter of this year, which is 19 cents higher than the previously issued guidance. The revised estimate is based on a 6% decrease in net sales to $454 million, from $485.3 million in the year ago period.

July 18, 2013

99 Cents Only Stores is opening new stores in Santa Fe Springs, Calif. and Kingman, Ariz. on July 25.

City of Commerce, Calif. – 99 Cents Only Stores is opening new stores in Santa Fe Springs, Calif. and Kingman, Ariz. on July 25. Both will be the first 99 Cents Only stores in those municipalities.

The retailer will be offering special 99-cent deals on items such as flat-screen TVs and scooters to the first customers in line on opening day.

 

February 7, 2013

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.

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

Total sales increased 8.8% to $35.6 million, from $403.9 million last year. Same-store sales rose 4.3%.

The company said it plans to open six stores during the fourth quarter, with most slated to open in California.
 

February 1, 2013

The Home Depot Canada has joined other Canadian retailers in complying with the government's planned phase out of the penny.

Toronto -- The Home Depot Canada has joined other Canadian retailers in complying with the government's planned phase out of the penny.

However, the retailer noted that many Canadians were unaware of the phase-out, and wanted to ensure its customers that it is doing its best to inform them of the change. As of Feb. 4, the penny will no longer be in circulation.

January 30, 2013

Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said.

Toronto -- Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

The Retail Council of Canada said the majority of the country's retail businesses were prepared for the disappearance of the penny and will follow the government's proposals for determining prices.

January 12, 2012

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

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

Sales at its namesake stores grew to $393.3 million from $354.1 million a year ago, just missing Wall Street’s expected $393.6 million in revenue.

For the quarter, same-store sales rose 8.5% on higher traffic and per-visit tickets.

September 8, 2008

Discounter 99 Cents Only Stores Inc. said Monday it will raise its top price from...