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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] The base price became 99.99¢ in 2007 and products were later introduced at higher prices.
99 Cents Only Stores will close all 371 of its stores and wind down its business operations after more than four decades, the City of Commerce discount chain announced Thursday.
Dollar Tree announced Wednesday it had acquired leases for 170 99 Cents Only stores and plans to rebrand. 99 Cents Only filed for bankruptcy in April.
99 Cents Only Stores is closing all of its 371 locations across the US as the company begins to wind down its business operations.
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 ...
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 ...
Retailers 0-9 99 Cents Only Stores announced on April 4, 2024 that its 371 locations in the Western United States would begin to close. The COVID-19 pandemic, inflation, and shrink were cited as major reasons for the closure. [3] The company had considered filing for bankruptcy prior to the announcement. [4]
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.