99 Cents Only Stores Announce Closure of All Locations, Impacting Thousands

• 99 Cents Only stores announcing closure of all 371 locations, impacting CA, AZ, NV, and TX • L.A. County Supervisors to vote on plan to provide financial and other support to employees losing jobs • Company began liquidation sales, parking lots full and checkout lines long • CEO cites retail challenges like COVID-19, shifting consumer demand, inflation as reasons for closure
• Former Big Lots president exploring effort to save the 143 Southern California 99 Cents Only stores