California-based 99 Cents Only Stores says it will close all 371 of its outlets effective Friday.
‘Inside will be your safest bet’: Cibolo veterinarian weighs in on what you should do with your pets during the eclipseNew Insider Deals are here, and you’re going to love them!FILE - Jacques Elsair shops at a 99 Cents Only Store, on Sept. 8, 200, in Los Angeles. California-based 99 Cents Only Stores announced it will close all 371 of its outlets effective Friday, April 5, 2024, the company said, ending a 42 year retail run of selling nothing but items priced just under a dollar.
“This was an extremely difficult decision and is not the outcome we expected or hoped to achieve,” said Simoncic, who will be stepping down. “Unfortunately, the last several years have presented significant and lasting challenges in the retail environment.” “I realized it was a magic number," he told the Times. “I thought, wouldn’t it be fun to have a store where everything was good quality and everything was 99 cents?"
Gold became a multimillionaire but lived modestly. His family told the Times he lived in the same middle-class home for nearly five decades with his wife of 55 years and drove the same Toyota Prius he purchased in 2000.
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California-based 99 Cents Only Stores is closing down, citing COVID, inflation and product theftCalifornia-based 99 Cents Only Stores says it will close all 371 of its outlets effective Friday.
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99 Cents Only Stores to Close All 371 Stores99 Cents Only Stores announced plans to wind down operations and liquidate merchandise. Hilco Global will handle the liquidation process, while Hilco Real Estate will manage the sale of the company's real estate assets. Chris Wells has been appointed as Chief Restructuring Officer.
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99 Cents Only Stores will close all 371 of its outlets effective FridayCalifornia-based 99 Cents Only Stores says it will close all 371 of its outlets effective Friday. The shuttering ends the chain's 42-year run of selling an assortment of bargain-basement merchandise. The company has stores across California, Arizona, Nevada and Texas.
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99 Cents Only stores to close all locationsThe Commerce-based operators of 99 Cents Only stores announced Thursday they will close all 371 of its locations, with liquidation sales beginning Friday.
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Houston’s 99 Cents Only stores shutting down, here are other low-cost optionsMore than 20 of the discount stores are closing in our area. We've looked at other options that won't blow your budget.
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99 Cents stores to close down all 371 locationsThe discount chain is winding down operations at its stores across California, Texas, Arizona and Nevada, as dollar stores nationwide buckle under inflation, shoplifting and other factors.
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