Content about Penny

June 2, 2014

99 Cents Only Stores named Christopher Laurence as the company's interim CFO, treasurer and secretary. Laurence replaces Frank Schools, who resigned to pursue other opportunities.

February 11, 2014

Continued positive sales momentum in its business and an increase in foot traffic increase at its stores fueled 99 Cents Only Stores’ third-quarter results.

January 3, 2014

Extreme value retailer 99 Cents Only will use its entry into the Waco, Texas, market to unveil a store format considerably smaller than any of its other locations.

November 7, 2013

99 Cents Only has spent the last six months upgrading its systems and procedures related to accounting for merchandise inventories. In the meantime, and ahead of its second quarter results for fiscal 2014, the company has begun taking physical inventories at its stores on a SKU-level basis for the first time.

August 12, 2013

Stéphane Gonthier, chief operating officer at Dollarama since September 2007, will be leaving the company to become president and CEO of 99 Cents Only Stores, as well as a member of its board.

August 9, 2013

99 Cents Only expects to increase its store count by approximately 10% exclusively in existing markets in fiscal 2014, following the company's first quarter results for the period ended June 29.

August 8, 2013

Gap Inc. continues to enjoy momentum at its namesake Gap stores and Old Navy units which pushed total company results up 8% to nearly $3.9 billion.

July 17, 2013

99 Cents Only Stores announced its financial results for the fourth quarter and full-year fiscal 2013 ended March 30, 2013.

July 8, 2013

Extreme value retailer 99 Cents Only Stores is getting ready to help one of its customers celebrate her 99th birthday as only it can.

February 6, 2013

99 Cents Only Stores reported that net sales for the third quarter increased $35.6 million, or 8.8%, to $439.5 million for the third quarter of fiscal 2013 compared to $403.9 million for the third quarter of fiscal 2012. Same-store sales, calculated on a comparable 13-week period, increased 4.3%.

February 1, 2013

The Home Depot Canada has joined other Canadian retailers in complying with the government's planned phase out of the penny.

January 30, 2013

Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

December 19, 2012

99 Cents Only Stores has revamped its website to better showcase a range of new capabilities, including bulk purchases and in-store pickup of online orders.

November 16, 2012

Value never goes out of style during the holiday’s and Ross Stores is well positioned to capitalize on this most enduring of seasonal behaviors.

November 15, 2012

A 2.9% third quarter same store sales increase and the sale of its credit card business pushed Target’s third quarter profit up 17.6% to 96 cents a share.

September 20, 2012

Bed Bath and Beyond's earnings per diluted share for its second quarter rose 5.4% from 98 cents ($224.3 million) from 93 cents ($229.4 million) last year.

January 12, 2012

Sales at 99-Cent Only Stores rose 10.6% to $403.9 million for the third quarter of fiscal 2012 over sales of $365.4 milllion for the same quarter last year.

April 15, 2011

Even with an extra week in this year's reporting period, 99 Cents Only Stores reported a total sales increase for it fiscal fourth quarter.

April 12, 2011

Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively.

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