How much is the 99 cent store worth?

99 Cents Only Stores

Type Private
Revenue $2.06 billion (2017)
Operating income $53 million (2017)
Net income $118 million (2017)
Total assets $662.87 million (2009)

Who is the owner of 99 cents store?

Number Holdings, Inc.
99 Cents Only Stores/Parent organizations

How many 99 Cent Only Stores are there?

391 stores
Corporate Profile: Founded in 1982, 99 Cents Only Stores LLC is the leading operator of extreme value stores in California and the Southwestern United States. The Company currently operates 391 stores located in California, Texas, Arizona and Nevada.

Did Walmart buy the 99 cent store?

99 Cents Only Stores LLC, a deep-discount retailer with nearly 400 stores in California, Texas, Arizona and Nevada, has named Jack Sinclair CEO upon the retirement of Geoffrey Covert. Sinclair, a 35-year retail industry veteran, joined the City of Commerce, Calif.

Is 99 cent a dollar?

Ninety-Nine Cents Only Stores is the food retailer no one knows. Even so, 99 Cents Only isn’t a food retailer in the classic sense and is typically lumped into the poorly defined category of dollar stores. “We’re not a dollar store, we are an extreme value retailer,” said 99 Cents Only CEO Jack Sinclair.

How did Dave Gold of 99 Cents Only die?

Gold died in his home in the Mid-Wilshire area of Los Angeles from an apparent heart attack. Claudia Boyd-Barrett (May 22, 2013). “Humility and a Deal: The story behind the 99 Cents Only stores”. The Jewish Journal of Greater Los Angeles. Li, Shan. Dave Gold dies at 80; entrepreneur behind 99 Cents Only chain.

Who was the founder of 99 Cents Only?

Dave Gold (June 5, 1932 – April 22, 2013) was an American businessman who established the 99 Cents Only chain of discount stores. Gold was born in Cleveland, Ohio, to Russian Jewish immigrants who operated a general store.

Who was Dave Gold and what did he do?

Dave Gold (June 5, 1932 – April 22, 2013) was an American businessman who established the 99 Cents Only chain of discount stores.

Where did Dave Gold go to high school?

Gold was born in Cleveland, Ohio, to Russian Jewish immigrants who operated a general store. His family moved to Los Angeles in 1945. Gold graduated from Los Angeles High School and began studies at Los Angeles City College, but dropped out to run his family’s liquor store after his father had a heart attack.