99 Cents Only Stores is a retailer of primarily consumable general merchandise. The Company’s primary business is the sale of various consumer products through its retail stores at price points of primarily 99.99 cents or less. The Company is also a wholesale distributor of various consumer products. The Company’s stores offer an assortment of regularly available consumer goods, as well as a variety of closeout merchandise. As of March 28, 2009, the Company operated 279 retail stores with 199 in California, 43 in Texas, 25 in Arizona and 12 in Nevada. These stores averaged approximately 21,500 gross square feet.