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New York (CNN) — 99 Cents Only Stores — a discount chain in California, Texas, Arizona and Nevada — is winding down its business operations, according to a<a class="excerpt-read-more" href="https://wsvn.com/news/us-world/99-cents-only-stores-is-winding-down-its-business-operations/">Read More</a>
Here’s when sales start at the discount retail chain.
All 371 locations of the 99 Cents Only stores are shutting down, with company executives blaming the decision on "inflationary pressures."
99 Cents Only Stores LLC, which announced plans a year ago to move its headquarters from City of Commerce to Tustin, is winding down its business operations.
The dollar store chain 99 Cents Only is closing its entire portfolio of retail locations nationwide due to financial strains that have forced the company to liquid its assets.