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Goodbye 99 Cents Only. Hello Dollar Tree. Dollar Tree announced Wednesday it acquired leases for 170 of 99 Cents Only’s stores out of bankruptcy in Arizona, California, Nevada and Texas.
According to CNN, 99 Cents Only was a regional chain that sold groceries, while Virginia-based Dollar Tree is a national company offering an array of party supplies, home goods and more. Prior to ...
Dollar Tree, which operates hundreds of stores in California, has taken control of the leases at 170 recently shuttered 99 Cents Only locations. Dollar Tree, which operates hundreds of stores in ...
99 Cents Only Stores allowed returns of up to nine items within nine days of purchase and were typically open from 9 a.m. to 9 p.m., although individual stores could open at 8 a.m. or close at 10 p.m. The store mottos included: "Do the 99", "Low prices are born here, and raised elsewhere", featuring a picture of a baby chick. [23] A 99 Cents ...
A store, Big Lots Store No. 1, was in Berwick Plaza Shopping Center in Columbus, Ohio. The first store in the Big Lots chain was a former Kroger store in the same shopping center. The store later moved to the former Buckeye Mart /Sarco building on Winchester Pike.
On March 13, 2024, Dollar Tree reported a loss of $1.71 billion for latest quarter and announced the closure of near 1,000 stores. [32] On May 29, 2024, Dollar Tree announced that they have acquired the leases of up to 170 former 99 Cents Only Stores locations across 4 states. The company will reopen the closed locations beginning in Fall 2024.
Nearly 200 shuttered 99 Cents Only stores from Texas to California will be re-opened as Dollar Tree locations after the leases were secured out of bankruptcy proceedings. The transfer of ...
As of 2018, main dollar store chains in the U.S. were Dollar General, Dollar Tree (which owns Family Dollar), the 99 Cents Only Stores, and Five Below. Increasing revenue has led to growth for dollar store chains: by 2018, Dollar Tree had 14,000 locations in the U.S., and its expansion continued; in 2019, Dollar General had 15,000 locations in ...
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