99 Cents Only Stores Adds Food Expertise

99 Cents Only Stores Adds Food Expertise

"The kind of execution Rick can bring can take 99 Cents Only to the next level." — Industry observer

COMMERCE, Calif. — The appointment of Rick Anicetti as interim chief executive officer of 99 Cents Only Stores here may signal a more aggressive move by the extreme-value retailer to use food to drive more weekly shopping trips, industry observers told SN last week.

Anicetti, who has been a member of the company’s board for the past eight months, is the former president and CEO of Fo

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