**99 Cents Only Stores to Close All 371 Locations** In a surprising announcement, 99 Cents Only Stores, a beloved discount retailer with over 14,000 employees, has announced the closure of all 371 locations in California, Arizona, Nevada, and Texas. The closure comes as a blow to the communities served by these stores, which have been a fixture in many neighborhoods since the company's founding in 1982. The move follows a similar announcement by fellow discount retailer Dollar Tree, which recently closed 1,000 stores. The shuttering of 99 Cents Only Stores will have a significant impact on the retail landscape in the affected states. The company has not yet released a timeline for the closures, but customers are urged to make purchases while inventory lasts. 99 Cents Only Stores is the latest in a string of retail bankruptcies in recent years, as consumers increasingly shift to online shopping and competition from large national chains intensifies. The company's low prices have made it a popular destination for budget-conscious shoppers, but it has struggled to compete with the broader decline in brick-and-mortar retail. The closure of 99 Cents Only Stores is a reminder of the challenges facing traditional retail businesses in the digital age. As consumers continue to embrace online shopping and seek out lower prices, many retailers are struggling to adapt their business models to the changing landscape.
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