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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.
With 99 Cents Only Stores closing, where to find affordable groceries: This is what a budget of $20 will get you. 99 Cents Only stores are closing. How I spent $20 in groceries at other discount ...
“We deeply appreciate the dedicated employees, customers, partners, and communities who have collectively supported 99 Cents Only Stores for decades.” According to the Los Angeles Times , 99 ...
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 ...
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 — 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.
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99 Cents Only stores are on average approximately 20,000 square feet, more than double the size of a typical dollar store chain. For more CNN news and newsletters create an account at CNN.com Show ...