-
99 Cents Only cleaning up inventory accounting
For the second time in the past six years, 99 Cents Only said it was unable to file its annual report within the timeframe specified by the Securities and Exchange Commission.
The company’s annual report on form 10-K for its fiscal year ended March 30 was due at the SEC no later than June 28. However, because of a range of inventory valuation issues identified by auditors and a new CFO, the company said it was unable to file the report without unreasonable effort or expense. The company did not indicate when it planned to file the report other than as soon as practicable.
-
Advance Auto Parts names CIO
Roanoke, Va. -- Advance Auto Parts has promoted Donna Justiss to the position of senior VP and chief information officer. Justiss will be responsible for the strategic leadership of all aspects of Advance’s information technology area, including application development and support, infrastructure and information security.