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- 99p_Stores abstract "99p Stores Ltd. is a family run business founded in January 2001 by entrepreneur Nadir Lalani, who opened the first store in the chain in Holloway, London, with a further three stores opening later that year. In 2002, Lalani decided to expand the business throughout the UK and has rapidly developed 99p Stores, operating a total of 129 stores as of March 2010 and serving around 1.5 million customers each week, undercutting their main rival Poundland by a penny. As of mid-2009 the company offered more than 3,500 different product lines throughout its stores.Most of their stores are based in the south of the UK, although there are stores as far north as Liverpool and Hartlepool. The chain saw accelerated store expansion upon the collapse of Woolworths Group, where they took the opportunity to acquire 15 of these former stores, increasing their estate to 79 at that time. Landlords are now regarding 99p Stores as an anchor tenant due to the significant number of customers one of their stores can bring to a location.Although the retailer made a pre-tax loss of £1.14 million in the year to 31 January 2007, they claim that, since then, consumers have become more cautious with their money and where they spend it, in response to the current economic conditions. The retailer has noticed an increase of customers from the wealthier AB social grade (a system of demographic classification used in the United Kingdom) during the recession. Customers tend to speak positively about 99p Stores, with most reviewers noting customer and product overcrowding as their biggest criticisms, yet still rate the chain 4.5/5 on average.".
- 99p_Stores foundationPlace Holloway,_London.
- 99p_Stores foundationPlace London.
- 99p_Stores foundingDate "2001-01-18".
- 99p_Stores foundingYear "2001".
- 99p_Stores industry Retail.
- 99p_Stores internationally "true".
- 99p_Stores location Northamptonshire.
- 99p_Stores numberOfEmployees "3000".
- 99p_Stores numberOfLocations "200".
- 99p_Stores operatingIncome "3200000.0".
- 99p_Stores owner Barclays.
- 99p_Stores owningCompany Barclays.
- 99p_Stores product Do_it_yourself.
- 99p_Stores product Final_good.
- 99p_Stores revenue "1.835E8".
- 99p_Stores thumbnail Gosport_High_Street_99p_Stores.JPG?width=300.
- 99p_Stores type Limited_company.
- 99p_Stores wikiPageExternalLink www.99pstoresltd.com.
- 99p_Stores wikiPageExternalLink article-page.php?contentid=2370&issueid=109.
- 99p_Stores wikiPageID "20101206".
- 99p_Stores wikiPageRevisionID "597183621".
- 99p_Stores companyLogo "290".
- 99p_Stores companyName "99".
- 99p_Stores companyType Limited_company.
- 99p_Stores foundation "--01-18".
- 99p_Stores founder "Nadir Lalani".
- 99p_Stores hasPhotoCollection 99p_Stores.
- 99p_Stores homepage "99".
- 99p_Stores industry Retail.
- 99p_Stores intl "yes".
- 99p_Stores keyPeople "Gordon Brown".
- 99p_Stores keyPeople "Nadir Lalani".
- 99p_Stores location "Northamptonshire, United Kingdom".
- 99p_Stores locations "200".
- 99p_Stores numEmployees "3000".
- 99p_Stores operatingIncome "3200000.0".
- 99p_Stores owner Barclays.
- 99p_Stores owner "Nadir Lalani".
- 99p_Stores owner "Nadir Lalani's friends and family".
- 99p_Stores products "Groceries, Consumer goods, Do it yourself, electrical".
- 99p_Stores revenue "1.835E8".
- 99p_Stores subject Category:2001_establishments_in_the_United_Kingdom.
- 99p_Stores subject Category:Retail_companies_established_in_2001.
- 99p_Stores subject Category:Retail_companies_of_the_United_Kingdom.
- 99p_Stores subject Category:Variety_stores.
- 99p_Stores type Agent.
- 99p_Stores type Company.
- 99p_Stores type Organisation.
- 99p_Stores type Organization.
- 99p_Stores type Agent.
- 99p_Stores type SocialPerson.
- 99p_Stores type Thing.
- 99p_Stores comment "99p Stores Ltd. is a family run business founded in January 2001 by entrepreneur Nadir Lalani, who opened the first store in the chain in Holloway, London, with a further three stores opening later that year. In 2002, Lalani decided to expand the business throughout the UK and has rapidly developed 99p Stores, operating a total of 129 stores as of March 2010 and serving around 1.5 million customers each week, undercutting their main rival Poundland by a penny.".
- 99p_Stores label "99p Stores".
- 99p_Stores sameAs m.04ybp8r.
- 99p_Stores sameAs Q4646320.
- 99p_Stores sameAs Q4646320.
- 99p_Stores wasDerivedFrom 99p_Stores?oldid=597183621.
- 99p_Stores depiction Gosport_High_Street_99p_Stores.JPG.
- 99p_Stores homepage www.99pstoresltd.com.
- 99p_Stores isPrimaryTopicOf 99p_Stores.
- 99p_Stores name "99p Stores Limited".