99 Cents Only Stores is accelerating its expansion through a strengthened team of leaders. The retailer recently announced that Barry Feld has joined its executive team as the new Chief Executive Officer.
After serving in the retail industry for many years, Feld brings extensive retail experience to his new position. According to a report by HomeWorld Business, this includes serving as the CEO and Executive Chairman of Cost Plus World Market for 15 years. Prior to that, he was CEO of PCA International, a well-known logistics provider for Walmart.
“Barry’s experience overseeing large, high-growth, and innovative customer-focused businesses makes him ideally suited to lead 99 Cents Only Stores,” Chairman Norman Axelrod said. “We are delighted to have a seasoned executive with such notable merchandising, extreme value, and leadership credentials joining the 99 Cents team. We thank Felicia Thornton for her leadership as interim Chief Executive Officer and look forward to Thornton’s continued guidance as Vice Chair of our board.”
Congratulations to Barry Feld on his new CEO position!