UCLA in the News April 8, 2024
Highlights from the New York Times, National Public Radio, USA Today and others.
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Highlights from the New York Times, National Public Radio, USA Today and others.
With 99 Cents Only stores on the verge of permanently closing, a group of investors are looking to save the struggling discount chain in Southern California.
The popular discount retailer has formally filed for Chapter 11 bankruptcy and hired a firm to wind down its operations.
Inflation, consumer demand, and the impact of the COVID-19 pandemic all played a huge role in operational struggles.
"We have a department that can step in during an event like this and help workers with not only short-term assistance to get through this difficult time, but job training and support to help them get a better job," Supervisor Janice Hahn said in a statement.