371 99 Cents Only Stores To Close Permanently

99 Cents Only Stores to Close All 371 Locations

371 99 Cents Only Stores to Close Permanently

99 Cents Only Stores, the beloved discount retail chain that has been a staple in communities across the United States, has announced the heartbreaking decision to close all 371 of its stores. This difficult decision comes after a strategic review and the ongoing challenges faced by brick-and-mortar retailers.

CEO Expresses Gratitude and Regrets

In a statement, CEO Geoffrey Covert expressed his deep gratitude to the company's employees and customers for their unwavering support over the years. He acknowledged the difficult impact the closures will have on both employees and the communities they serve.

Covert stated, "This was an extremely difficult decision for our company, but it is the right one for the long-term health of our business. We are committed to providing our employees with support and resources during this transition."

Company History and Legacy

99 Cents Only Stores was founded in 1982 and quickly became known for its consistently low prices on groceries, household goods, and other everyday items. The chain has maintained a strong presence in underserved communities, providing affordable access to essential products.

Customers Express Disappointment

The announcement of the closures has sparked widespread disappointment among loyal customers. Many have expressed their sadness at losing a valuable source of affordable goods and a cherished local shopping destination.

One customer, Maria Garcia, said, "I'm heartbroken. 99 Cents Only Stores was my go-to place for so many things. I'm going to miss it so much."