The bids and the undisclosed terms are subject to court approval.
Dollar Tree is reportedly the winning bidder for nearly 100 99 Cents Only stores in California, according to reports from Retail Specialists. Dollar Tree is reportedly the winning bidder for at least 93 of the chain’s discount stores spread across the state, according to reports from the brokerage Retail Specialists. Most of the stores are in Southern California.
Hilco Global began liquidating merchandise and certain fixtures, furnishings and equipment at all 371 99 Cents Only stores, starting back on April 5. Most of the stores closed a week ago after the discount sales waned.
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