99 Cents Only Stores Appoints Chief Merchandising Officer

by Katie Lee

City of Commerce, Calif. — 99 Cents Only Stores LLC has appointed Jack L. Sinclair as chief merchandising officer. He brings more than 30 years of 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 7 years as an executive vice president of its U.S. grocery division. Sinclair led the team that was responsible for Walmart’s grocery business. In addition, he 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,” says 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.”

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.

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

SOURCE: 99 Cents Only Stores LLC

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