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It offered a combination of closeout branded merchandise, general merchandise and fresh foods. 99 cents only stores to close all 371 spots in 'extremely difficult decision,' ceo says the retail chain, once known for its below $1 prices, announced the closure of all 371 locations on thursday. After more 370 locations of 99 cents only stores closed rather abruptly in april and went up for sale shortly after that, it was an equally quick turnaround for a new operator of those sites

Announced this week that it acquired rights to the leases of 170 99 cents only stores in several southwest states. The discount store company has also paid for the 99 cents only's 'intellectual property,' meaning it has the option to keep some stores open under the brand or even open new ones using it

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