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On August 13, 1982, Dave and Sherry Gold opened the first 99 Cents Only Store in Los Angeles. To celebrate the grand opening, Dave decided to sell television sets for only 99 cents to the first 13 families. [5] More than 300 people showed up in line, catching the attention of more than 10 TV outlets covering the store’s first day.
99 Cents Only Stores was founded in 1982 by Dave Gold, who opened its first store in Los Angeles at the age of 50, according to his 2013 obituary in the Los Angeles Times. Gold, who had been ...
According to the Los Angeles Times, 99 Cents Only Stores has about 14,000 employees. It is unclear how many jobs will be lost, and a timeline for the store closures has not yet been given by the ...
The shuttering of 99 Cents Only Stores comes after fellow discount retailer Dollar Tree last month said it was closing 1,000 stores. 99 Cents Only Stores was founded in 1982 by Dave Gold, who opened its first store in Los Angeles at the age of 50, according to his 2013 obituary in the Los Angeles Times. Gold, who had been working at a liquor ...
99 Cents Only Stores — a discount chain in California, Texas, Arizona and Nevada — is winding down its business operations, according to a press release from the company on Thursday.
99 Cents Only stores in Texas. Here's a list of 99 Cents Only locations in Texas: Arlington: 908 E. Pioneer Pkwy. Colleyville: 3901 Colleyville Blvd. Conroe: 1420 Loop 336. Dallas - Preston: 13444 ...
Gold opened the first 99 Cents Only store in 1982. At the time, the dollar store concept was considered a retail graveyard for expired or broken products. [2] Gold made his store bright and well organized and cultivated relationships with vendors, sometimes plying them with bagels and cream cheese. 99 Cents went public on the New York Stock Exchange in 1996.
99 Cents Only Stores announced on April 4, 2024 that its 371 locations in the Western United States would begin to close. The COVID-19 pandemic, inflation, and shrink were cited as major reasons for the closure. [3]