99 Cents Only Stores
99 Cents Only Stores's Overview
99 Cents Only Stores was an American deep-discount retailer founded in 1982 by Dave Gold. Headquartered in Commerce, California, it offered a variety of general merchandise, consumables, and fresh produce, with many items priced at 99.99 cents or less. The company operated stores across California, Texas, Arizona, and Nevada. In April 2024, 99 Cents Only Stores announced it was winding down its business operations, closing all 371 stores, and subsequently filed for Chapter 11 bankruptcy protection to facilitate the liquidation process.
Where is 99 Cents Only Stores's Headquarters?
HQ Function
Served as the central hub for corporate operations, including management, merchandising, marketing, finance, supply chain logistics, and human resources for its retail chain prior to its announced closure.
Notable Features:
The facility in Commerce also housed a significant distribution center, key to its logistics. The architecture was functional, reflecting its cost-conscious business model rather than ornate design.
Work Culture:
Historically, the work culture was likely fast-paced, results-oriented, and focused on cost-efficiency to support its discount retail model. During the wind-down phase, the focus shifted to orderly liquidation and closure processes.
HQ Significance:
The headquarters was the nerve center for strategic planning, vendor negotiations, and operational oversight that enabled the company's multi-state retail presence and value-driven offerings.
Values Reflected in HQ: The headquarters' operations and design likely mirrored the company's core values of providing value and affordability, emphasizing operational efficiency and thrift.
Location:
99 Cents Only Stores' retail and corporate operations were concentrated in the Southwestern United States, specifically in California, Texas, Arizona, and Nevada. While the company sourced merchandise globally, it did not operate international offices or retail stores. Its entire operational footprint was domestic to the USA.
Street Address:
4000 Union Pacific Ave
City:
Commerce
State/Province:
CA
Country:
USA
99 Cents Only Stores's Global Presence
Houston, Texas, USA
Address: 9800 Clay Rd, Houston, TX 77080
Served as the primary logistics and distribution hub for the Texas market, supporting the efficient operation of numerous retail stores in the state.
Buying Intent Signals for 99 Cents Only Stores
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Executive Team of 99 Cents Only Stores
As of April 2025, 99 Cents Only Stores' leadership includes:
Investors of 99 Cents Only Stores
99 Cents Only Stores has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
In the 12 months leading up to its closure announcement, 99 Cents Only Stores saw key leadership transitions, including a CEO departure and the appointments of an interim CEO and a new CFO amidst increasing financial pressures.
Departures
New Appointments:
Technology (Tech Stack) used by 99 Cents Only Stores
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99 Cents Only Stores Email Formats and Examples
Historically, common email formats for 99 Cents Only Stores likely included combinations like first initial followed by last name. With the company ceasing operations and undergoing liquidation, corporate email addresses are expected to become inactive, and attempts to reach former employees would likely be unsuccessful.
[first_initial][last]@99only.com
Format
jdoe@99only.com
Example
5%
Success rate
News and media
Los Angeles Times • April 4, 2024
99 Cents Only Stores is shutting down all 371 stores
99 Cents Only Stores announced it will close all 371 of its stores and wind down its business operations. The Commerce-based company cited multiple factors, including the COVID-19 pandemic, shifting consumer demand, and inflationary pressures....more
PR Newswire • April 5, 2024
99 Cents Only Stores Announces Wind-Down of All Business Operations and Pursuit of Value-Maximizing Liquidation
The company announced its decision to wind-down all business operations. Mike Simoncic, Interim CEO, stated that this was an extremely difficult decision and not the outcome they expected or hoped to achieve....more
Reuters • April 8, 2024
99 Cents Only Stores files for Chapter 11 bankruptcy
Following its announcement to close all stores, 99 Cents Only Stores filed for Chapter 11 bankruptcy protection in Delaware. The filing indicated the company plans to liquidate its assets, including inventory and real estate....more
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