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SAN FRANCISCO (AP) — California-based 99 Cents Only Stores said Friday it will close all 371 of its outlets, ending the chain's 42-year run of selling an assortment of bargain-basement merchandise.
A shopper leaves the 99 Cent Only store with her purchases in Santa Monica on April 5, 2024. The stores will be closing soon. (Genaro Molina/Los Angeles Times)
The 99 Cents Only Stores discount chain has announced plans to wind down its business operations. All 371 stores will be closed in Arizona, California, Nevada, and Texas, the states where it operates.
The shuttering of 99 Cents Only Stores comes after fellow discount retailer Dollar Tree last month said it was closing 1,000 stores. 99 Cents Only Stores was founded in 1982 by Dave Gold, who opened its first store in Los Angeles at the age of 50, according to his 2013 obituary in the Los Angeles Times. Gold, who had been working at a liquor ...
99 Cents Only Store in Dallas. 99 Cents Only Stores LLC (also branded as The 99 Store[ 1]) was a price-point retailer chain based in Commerce, California, United States of America. It offered "a combination of closeout branded merchandise, general merchandise and fresh foods." The store initially offered all products for 99¢ or less. [ 2]
April 4, 2024 at 9:55 PM. Chain discount store 99 Cents Only will close all 371 of its locations, the company said in a surprise announcement Thursday — leaving a number of high-profile ...
Dollar Tree announced its acquisition of 99 Cents Only stores in May. The 170 leases in Arizona, California, Nevada, and Texas will now be under Dollar Tree.
99 Cents Only Stores — a discount chain in California, Texas, Arizona and Nevada — is winding down its business operations, according to a press release from the company on Thursday.