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99 Cents Only celebrates 30 years with sustainable efforts
CITY OF COMMERCE, Calif. — 99 Cents Only Stores is celebrating its 30th anniversary.
Since its founding in 1982, the chain has expanded to 302 extreme value stores in four states consisting of 220 stores in California, 37 in Texas, 29 in Arizona, and 15 in Nevada. As part of the celebration, the company is converting 40 semi-trucks from diesel to clean-burning compressed natural gas. Additionally, the company is offering a free reusable shopping bag to customers who visit the store this weekend and purchase at least $9.99 worth of merchandise.
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French retailer Auchan inks franchise deal with India's Max Hypermarket
Dubai, India -- A Monday report by Reuters said that French retailer Auchan has entered into a franchise agreement with Max Hypermarket, India.
Max operates 13 hypermarkets in India, which will be rebranded as Auchan stores in early 2013.
The pair said they plan to open 12-15 new stores annually across India. Because Max Hypermarket India Ltd is controlled by retail and hospitality company Landmark Group, which operates hypermarkets under the Max brand only in India and therefore is not restricted under foreign ownership regulations.