99 Cents Only Stores is a deep-discount retailer that was founded in the 1960s by Dave Gold, who inherited a liquor store in downtown Los Angeles and decided to sell everything for 99 cents. The first 99 Cents Only Store opened in 1982, with a grand opening that featured 99-cent television sets for the first 9 customers. Today, the company has expanded to over 350 retail stores in California, Texas, Arizona, and Nevada, offering a wide selection of name-brand consumable and general merchandise at a significant value.
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Founded: 1982
Industry Shopping » Grocery store
Engaged in: Produce Market, Party Store, Discount Store, Toy Store, Grocery store