• Andrea Lillo

99 Cents Only names Shields to board

CITY OF COMMERCE, CA -Discount retailer 99 Cents Only Stores has announced that John Shields, the chairman and ceo of California-based Trader Joe's Company, has joined the 99 Cents Only Stores board of directors, effective January 1.

"John Shields oversaw Trader Joe's successful expansion from a California retailer with 27 stores to a 14-state retail chain with over 150 stores," said Eric Schiffer, president of 99 Cents Only Stores. "An experienced retail executive of John Shields' caliber further strengthens and diversifies an already strong board."

Shields joined Trader Joe's in 1987 as president and became ceo in 1989. Previous positions include vp of operations at Mervyn's Department Stores and senior vp at Macy's California.

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