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99 Cents Only net loss widens in fiscal 2014
City of Commerce, Calif. – 99 Cents Only Stores LLC reported a widening net loss in an abbreviated 10-month fiscal 2014 which was shortened from the Saturday closest to the end of March to the Friday closest to the end of January. Net loss grew to $12.48 million from $8.9 million.
Total net sales were $1.53 billion, down 8% from $1.66 billion. Same-store sales rose 3.7%.
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Jewel-Osco appoints Scott Hays as VP of ops
Jewel-Osco has named Scott Hays as VP operations for the Chicagoland grocery store.
Most recently a district manager with Albertsons LLC’s Southern division, Hays will lead the operations team to support Jewel-Osco’s marketing and merchandising initiatives, including the company’s upcoming remodels and opening their five newly acquired Dominick’s locations.