The discount retailer announced today the first price increase in its 26-year history, from a flat 99 cents to 99-point-99 cents.
CEO Eric Schiffer says the increase will help the company offset some of the higher costs of doing business.
The City of Commerce-based company has posted two consecutive quarterly losses.
The company is the nation's oldest dollar chain store and has 277 locations in California, Nevada, Arizona and Texas.
