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99 Cents Only Stores Company

CALIFORNIA | LOCAL
July 25, 2000 | ANDREW BLANKSTEIN, TIMES STAFF WRITER
The 99 Cents Only chain filed suit in U.S. District Court on Monday to block this city from ousting one of its retail stores from leased space to make way for the expansion of a rival Costco store. The suit claims the Lancaster Redevelopment Agency violated federal law by voting June 27 to spend $3.8 million to acquire the 18,878-square-foot building that the 99 Cents chain leases at the Valley Central Shopping Center without due process or a proper public purpose.
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CALIFORNIA | LOCAL
July 25, 2000
The 99 Cents Only chain filed suit Monday in U.S. District Court to block the city of Lancaster from ousting one of its stores to make way for the expansion of a rival Costco store. The suit alleges that the Lancaster city redevelopment agency violated federal law when it voted June 27 to spend $3.8 million to acquire the 18,878-square-foot building at the Valley Central Shopping Center without due process or a proper public purpose.
CALIFORNIA | LOCAL
June 18, 2000 | ANDREW BLANKSTEIN, TIMES STAFF WRITER
Two discount retailers are waging war in the high desert. But the fight isn't about market share; it's about real estate. Costco wants to expand its 126,000-square-foot warehouse store in the Valley Central Shopping Center, and has asked Lancaster city officials to force the 99 Cents Only store out of its 18,878-square-foot building next door. Fearing the loss of Costco, city officials say they are considering using their power of eminent domain to do just that.
BUSINESS
April 21, 1999
Other California company earnings, excluding one-time gains and charges unless noted: * Amgen Inc., the world's largest biotechnology company, said first-quarter earnings rose 32% as sales of its blockbuster anemia drug, Epogen, soared. Net income rose to $247 million, or 46 cents a share, from $187 million, or 35 cents, a year earlier. Results exceeded the 44-cent average estimate of analysts surveyed by First Call Corp. Revenue rose 23%, to $745.4 million from $605.
BUSINESS
July 10, 1996
99 Cents Only Stores said it plans to open a 26,000-square-foot store, its largest, in Anaheim on July 25, and an additional four to five stores during the remainder of the year.
CALIFORNIA | LOCAL
February 7, 1996
Some people are going to great lengths to buy a new 19-inch color television for 99 cents. A group has been camping out since Sunday in front of the soon-to-open 99 Cent Store at Springdale Street and Edinger Avenue. "We look like a bunch of homeless people," said Therese Sliter of Garden Grove, who set up camp Monday to await the store's opening Thursday morning. The first nine customers in line will be able to buy a color TV for 99 cents.
CALIFORNIA | LOCAL
October 14, 1995 | SARAH KLEIN
Hell hath no fury like a bargain-hunter scorned--but a hard-won deal can seem heaven-sent. Just ask the nine people who camped out in front of the new 99 Cents Only Store in Garden Grove from Wednesday to Friday. They brought sleeping bags, ice chests--even a television and VCR--and waited for the grand opening of the store at 9 a.m. Friday, when the first nine people in line could buy a new 19-inch color TV for, you guessed it, 99 cents.
BUSINESS
January 24, 1992 | CRISSY GONZALEZ, TIMES STAFF WRITER
It was meant to be a joke. But the recession got the last laugh when more than 500 callers responded to an ad for a new bridal registry service offered by the 99 Cents Only Stores. Brides and their gift-hunting pals were invited to inquire about the registry's debut with a quick call to (213) LUCKY-99.
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