Content about Eric Schiffer

October 11, 2011

Discounter 99 Cents Only Stores said Tuesday it has agreed to be acquired by a group of investors including its founding family, Ares Management and Canadian Pension Plan Investment Board for $1.6 billion in cash.

January 10, 2011

Third-quarter sales growth was hard to come by at 99 Cents Only as the extreme value retailer’s heavy concentration of stores in Southern California were negatively affected by unseasonably strong rains that hit the region prior to Christmas.

September 4, 2008

Amid rising inflation and soaring food prices, the 99? Only Stores chain is re-evaluating its...

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