Stay updated with breaking news from Only Stores. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Carson City's 99 Cents Only store will be closing along with nearly 400 others amid a national shutdown. According to a new release issued by 99 Cents Only corporate, the company will be shutting down all 371 locations across the west in an “orderly wind-down.”
Discount retailer 99 Cents Only Stores said they will wind down its operations and liquidate the merchandise and fixtures at all 371 locations. Last month, the City of Commerce, Calif.-based company, founded in 1982 with an assortment of merchandise priced at 99 cents, warned that it might have to f
The grocery chain 99 Cents Only Stores announced Friday it will close all 371 locations, including six in Bakersfield.
99 Cent Only Stores are shutting down their 371 locations, with operators blaming the flailing business on unmanageable inflation and theft.
California-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. Interim CEO Mike Simoncic said in a statement that the retailer has struggled for years as a result of the COVID-19 pandemic, changes in consumer demand, inflation and rising levels of product “shrink” — a measure that encompasses losses from employee theft, shoplifting, damage, administrative errors and more.