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99 Cents Only Stores Closed Hundreds of Locations in 2024 (Was Yours One?)

The discount retailer filed for bankruptcy, prompting it to liquidate its assets.

By Jenny Cohen

Edited by Chris Kissell

Updated Dec. 17, 2024

Affordable shopping options such as dollar stores have become popular in recent years. However, one bargain store — 99 Cents Only — is closing down.

In April, 99 Cents Only announced it was winding down operations and liquidating its merchandise.

Was your store one of the 99 Cents Only locations that shut down? Read on to find out — and to learn why fans of the retailer will soon have the chance to save on everyday essentials again at a reborn version of the store.

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When did 99 Cents Only file for bankruptcy?

In April, 99 Cents Only filed for Chapter 11 bankruptcy and began liquidating its merchandise and closing stores.

According to documents filed in court, the retailer closed more than 100 locations by April 30, with the rest shutting down in May as part of the liquidation process.

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How many stores were slated to close?

At the time, 99 Cents Only planned to shut down more than 370 locations. The move affected around 14,000 employees across stores in California, Texas, Nevada, and Arizona.

Why didn’t all 99 Cents Only stores close as planned?

In a bit of good news, some stores ended up surviving after the bankruptcy announcement.

Dollar Tree took on 170 locations that will now remain open, giving some locations a new lease on life. Customers will continue to have a great option to save money on a variety of items at a low price.

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Dollar Tree steps up to take over stores

Dollar Tree plans to reopen the 99 Cents Only stores in the fall of 2024.

Dollar Tree picked up the new locations to help it expand its reach. As it turns out, 99 Cents Only stores are around 20,000 square feet, which is more than double the typical size for a Dollar Tree.