The company filed for bankruptcy and liquidated all its 371 stores in 2024 due to financial hardship. 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. 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
Retail News: 99 Cents Only Stores to exit Houston as part of company
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.
