Page 19 - Only Stores News Today

All 99 Cents Only stores across four West Coast states will close and liquidate all of its assets. (Photo: Roger Hornback/Getty Images) 99 Cents Only Stores—a discount chain in California, Arizona, Nevada, and Texas—has announced that it will close all locations.

 

Deep discounter starts liquidation sale at 371 stores this week

"This was an extremely difficult decision and is not the outcome we expected or hoped to achieve," said interim CEO Mike Simoncic, who cited increasing "shrink."

KCRA 3 is rounding up all the information you need to know to get a head start on your day.

Today on AirTalk, the 99 Cents Only retailer has announced they’ll be closing all of their 371 stores across California, Arizona, Nevada, and Texas . Also on the show, what to consider when moving in with a romantic partner; our FilmWeek critics review the newest releases; and more.

Discount store 99 Cents Only has announced it will shutter all 371 of its stores, citing high inflation and rising theft as the reason for the closures.

The discount retail chain becomes the latest to announce store closures in the US

The 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.

The deep discount retailer will be closing more than 300 of its stores