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Goodbye 99 Cents Only. Hello Dollar Tree. Dollar Tree announced Wednesday it acquired leases for 170 of 99 Cents Only’s stores out of bankruptcy in Arizona, California, Nevada and Texas.
99 Cents Only Store in Dallas. 99 Cents Only Stores LLC (also branded as The 99 Store [1]) was a price-point retailer chain based in Commerce, California, United States of America. It offered "a combination of closeout branded merchandise, general merchandise and fresh foods." The store initially offered all products for 99¢ or less. [2]
Shares of Dollar Tree Inc., based in Chesapeake, Virginia, rose 2% at the opening bell T ... Nearly 200 shuttered 99 Cents Only stores from Texas to California will be re-opened as Dollar Tree ...
According to CNN, 99 Cents Only was a regional chain that sold groceries, while Virginia-based Dollar Tree is a national company offering an array of party supplies, home goods and more. Prior to ...
The shuttering of 99 Cents Only Stores comes after fellow discount retailer Dollar Tree last month said it was closing 1,000 stores. 99 Cents Only Stores was founded in 1982 by Dave Gold, who opened its first store in Los Angeles at the age of 50, according to his 2013 obituary in the Los Angeles Times. Gold, who had been working at a liquor ...
99 Cents Only Stores is closing all of its 371 locations across the US as the company begins to wind ... with Family Dollar and Dollar Tree announcing last month that they are closing 1,000 ...
Later, in May of 2024, it was reported that Dollar Tree had acquired the leases of at least 170 former 99 Cents Only Stores locations, which would reopen as Dollar Tree stores beginning in the fall of the same year. [5]
In 1991, the corporation made a decision to focus exclusively on the expansion of dollar stores after selling K&K stores to KB Toys, owned by Melville Corporation. [6]In 1993, the name Only $1.00 was changed to Dollar Tree Stores to address what could be a multi-price-point strategy in the future, and part equity interest was sold to SKM partners, a private equity firm.