After over four decades in business, 99 cents only stores will close all its doors permanently Two distribution centers in california and texas supported the. The retail chain, once known for its below $1 prices, announced the closure of all 371.
23 99c Store Stock Photos, High-Res Pictures, and Images - Getty Images
99 cents only stores — a discount chain with stores in california, texas, arizona and nevada — is winding down its business operations at all 371 locations, the company said thursday.
The national chain of 99 cent only stores — consisting of 371 locations in four states — is shutting down, with operators blaming unmanageable inflation and theft.
As the retail landscape continues to evolve, the lessons learned from the rise and fall of 99 cents only stores will undoubtedly shape the strategies of dollar stores, grocery chains, and mass merchandisers in the years to come. 99 cents only offers everyday household items, seasonal and party merchandise, closeouts, basic grocery items and fresh produce
