99 Cents Only Stores closing all locations amid rising costs
A discount retailer is closing its doors.
Source: 12onyourside.com
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99 Cents Only Stores to close all locations
The Commerce-based operators of 99 Cents Only stores announced today they will shutter all 371 of its locations, with liquidation sales set to begin Friday.
Source: nbcdfw.com
99 Cents Only Stores to close all 371 stores
99 Cents Only Stores announced on Thursday it plans to begin an orderly wind-down of operations.
Source: kmph.com
California-based 99 Cents Only Stores is closing down, citing COVID, inflation and product theft
California-based 99 Cents Only Stores said Friday it will close all 371 of its outlets, ending the chain's 42-year run of selling an assortment of bargain-basement merchandise. The company has stores across California, Arizona, Nevada and Texas that will begin will selling off their merchandise, as well as fixtures, furnishings and equipment. 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 encompas...
Source: yahoo.com
California-based 99 Cents Only Stores is closing down, citing COVID, inflation and product theft
California-based 99 Cents Only Stores says it will close all 371 of its outlets effective Friday
Source: qz.com