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Learn about the history, products, and closure of 99 cents only stores, a discount retailer chain in the us Dollar tree announced wednesday it acquired leases for 170 of 99 cents only’s stores out of bankruptcy in arizona, california, nevada and texas. The company filed for bankruptcy and liquidated all its 371 stores in 2024 due to financial hardship.
99 Cents Only stores to reopen as Dollar Tree locations in Nevada
The discount store company has also paid for the 99 cents only's 'intellectual property,' meaning it has the option to keep some stores open under the brand or even open new ones using it 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. A look at why dollar store brands like dollar tree, family dollar and 99 cents only are closing stores as dollar general continues to expand.
99 cent only stores are shutting down their 371 locations, with operators blaming the flailing business on unmanageable inflation and theft.