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It offered a combination of closeout branded merchandise, general merchandise and fresh foods. The company, which was founded in 1982, operates 371 stores across california. 99 cents only stores, known and loved for its wide variety of products at just 99 cents, has announced it will close all 371 u.s

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This move marks a significant and sad change for many who have long relied on the chain for affordable shopping options 99 cents only will be closing all of its stores as the company announced plans to wind down its business operations The company’s liquidation is set to begin today, april 5.

99 cents only stores will close all 371 of its stores and wind down its business operations after more than four decades, the city of commerce discount chain announced thursday.

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 Some 99 cents only stores shut down when the company went out of business will reopen as dollar tree locations. 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.