99 Cents Only Eyes 10% Growth

COMMERCE, Calif. 99 Cents Only Stores here said last week it expects to accelerate new-store expansion going forward to approximately 10% a year.

Rick Anicetti, who was named interim chief executive officer of the company in late January, said his appointment was part of the company’s efforts to continue to grow the store base, “and I’m excited to help bring the company to the next level.”<

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