99 Cents Only Stores Was Founded In 1982 By David Gold In Los Angelescaliforniathe Company Quickly Gained Popularity With Its Unique Pricing Strategyselling All Items For 99 Centsover The Yearsit Expanded Significantlyoperating Over 371 Stores Across Californiaarizonanevadaand Texasin 1996It Went Public On The New York Stock Exchangereflecting Its Successful Business Model The Company Focused On Selling Excessdiscontinuedor Near Expiration Inventory From Suppliersoffering A Wide Range Of Products Including Household Staplesconsumable Goodstoysand Clothingin Addition To Retail99 Cents Only Stores Operated A Wholesale Division Called Bargain Wholesaledistributing Discounted Merchandise To Other Retailers And Businessesthe Stores Catered Primarily To Budget Conscious Consumersproviding Significant Value For Their Shopping Needs
