99 Only Stores is a unique deep-discount retailer of primarily
name-brand consumable general merchandise, where nothing is over 99,
ever! We are the oldest single-price retail chain in the country.
Our vision is to be Americas favorite and best run deep-discount
store! Our mission is to provide an exciting primary shopping
destination for price-sensitive consumers, and a fun treasure-hunt
shopping experience for other value conscious consumers. We are driven
to accomplish this mission with a core strategy to offer only excellent
values on a wide selection of quality food and basic household items
with a focus on name brands and an exciting assortment of surprises,
all for 99 or less!
Our stores are attractively
merchandised, clean, full service "destination" locations that offer
customers significant value on their everyday household needs in an
exciting shopping environment. Merchandise encompasses a wide array of
name-brand closeout and regularly available consumable products
including food and beverages such as: produce, deli, and other basic
grocery items, health and beauty care, and household supplies.
From
our first store opening in 1982, our chain of 99 Only Stores has
expanded to over 232 stores as of March 31 2006; 164 in California, 36
in Texas, 21 in Arizona, and 11 in Nevada. The stores that were open
for a full year averaged 22,000 square feet and generated average net
sales per estimated sellable square foot of $250 and average net sales
per store of 4.3 million. For fiscal 2006, total sales were over $1
billion.
