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99 Cents Only Stores shrinks Q4 net loss
City of Commerce, Calif. – 99 Cents Only Stores Inc. shrank its net loss to $2.3 million in the fourth quarter of fiscal 2015, compared to net loss of $14.7 million for the fourth quarter of fiscal 2014. Net loss decreased primarily due to a previously disclosed workers' compensation charge in the previous fourth quarter.
Net sales slightly rose 1% to $512.6 million from $505.7 million. Same-store sales climbed 2.8%.
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Toys “R” Us makes big difference for Special Olympics
When the Special Olympics get underway in late July in Los Angeles, a major awareness effort and hefty donation from Toys “R” Us will make a powerful contribution.
The retailer spent the past two months executing a broad-based campaign in stores and online to benefit the Special Olympics, which raised more than $4 million as well as awareness of an event in which roughly 7,000 athletes will participate.

