99 Cents Only Stores — a discount chain with stores in California, Texas, Arizona and Nevada — is winding down its business operations at all 371 locations, the company said Thursday.

Those of us in the fellowship of frugality know that California’s booms inevitably end in bust. That’s what makes the end of the 99 Cents Only empire so distressing.

These are tough times for two big US dollar store chains. In the past month, Family Dollar said it will close nearly 1,000 stores and 99 Cents Only said it will go out of business. Both companies ...

These are tough times for two big US dollar store chains. In the past month, Family Dollar said it will close nearly 1,000 stores and 99 Cents Only said it will go out of business. Both companies ...

99 Cent Only Stores are shutting down their 371 locations, with operators blaming the flailing business on unmanageable inflation and theft.