99 Cents Only Stores Appoints Jack L. Sinclair As Chief Merchandising Officer

Jul 27, 2015, 08:00 ET from 99 Cents Only Stores LLC

CITY OF COMMERCE, Calif., July 27, 2015 /PRNewswire/ -- 99 Cents Only Stores LLC announced today that Jack L. Sinclair has been appointed as Chief Merchandising Officer, effective today. Mr. Sinclair will be responsible for the merchandising and marketing functions for 99 Cents Only.

Mr. Sinclair brings more than 30 years of deep experience to 99 Cents Only Stores, specifically in grocery retail at both North American and European retailers. Most recently, he was with Walmart Stores, Inc. where he served for more than seven years as an Executive Vice President of its U.S. Grocery Division. Mr. Sinclair led the team that was responsible for Walmart's grocery business, which generated substantial growth through a focus on local assortment and fresh foods.  In addition, Mr. Sinclair spent 14 years at U.K.-based Safeway PLC supermarkets where he served in a variety of roles, eventually becoming Group Marketing and Trading Director, in which he ran all store operations and merchandising for the U.K.'s third largest grocer.

"Jack's significant experience in retail merchandising will be an asset to 99 Cents Only Stores as we continue to improve the execution of our core business plan that emphasizes a strong mix of seasonal, grocery, and close-out products," said Andrew Giancamilli, Interim Chief Executive Officer of 99 Cents Only Stores.  "His deep knowledge of the grocery and fresh food category will be particularly valuable, given the importance of these categories to our customers and for driving traffic in our stores."

Mr. Sinclair's holds a B.A. in Economics and Marketing from University of Strathclyde, Glasgow.

About 99 Cents Only Stores
Founded in 1982, 99 Cents Only Stores is the leading operator of extreme value stores in California and the Southwestern United States. The Company currently operates 384 stores located in California, Texas, Arizona and Nevada offering a broad assortment of name-brand and other attractively-priced merchandise and compelling seasonal product offerings.

For more information, visit http://www.99only.com.

Bill Mendel

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SOURCE 99 Cents Only Stores LLC