99 Cents Only Stores - a discount chain in California, Texas, Arizona and Nevada - is winding down its business operations, according to a press release from the company.

The stores will then reopen with Dollar-Tree branded products in the fall, reports CNN. 99 Cents Only stores announced in April plans to close all 371 of its stores.

A customer leaves with a purchase at a 99 Cents Only Store in Riverside on Thursday, April 11, 2024. The chain is set to close its 371 locations.

Dollar Tree announced Wednesday it had acquired leases for 170 99 Cents Only stores and plans to rebrand. 99 Cents Only filed for bankruptcy in April.

Dollar Tree, which operates hundreds of stores in California, has taken control of the leases at 170 recently shuttered 99 Cents Only locations.

The stores will then reopen with Dollar-Tree branded products in the fall, reports CNN. 99 Cents Only stores announced in April plans to close all 371 of its stores.

Los Angeles Mayor Karen Bass says the city will help laid-off 99 Cents Only Stores workers with resources and information needed to apply for unemployment, learn about health care options, and ...

Years of strategic mistakes and underinvestment have plagued Family Dollar and 99 Cents Only, retail analysts say.

The 99 Cents Only Stores will be closing, though an exact closing date is unknown. CEO Mike Simoncic said they weren't preforming as expected.

Dollar Tree announced Wednesday that it acquired the leasing rights to 170 stores of its recently shuttered competitor, 99 Cents Only, across California and three other states.

With 99 Cents Only Stores closing, where to find affordable groceries: This is what a budget of $20 will get you.