Dollar Tree says it's moving into some 99 Cents Only stores

Dollar Tree said it acquired leases for 170 locations of 99 Cents Only stores and will reopen these stores under the Dollar Tree brand later this year. California-based 99 Cents Only Stores filed for Chapter 11 bankruptcy in April and closed all 371 of its locations. In May, Dollar Tree acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas, the company said in a statement shared on Wednesday. The deal was approved by the U.S.

RELATED: McDonald's menu hikes: McDouble up 168%, McChicken 200% in 10 yearsDollar Tree, which also owns Family Dollar, said it expects to welcome customers to the stores "as early as fall 2024."In March, Dollar Tree and Family Dollar announced the closure of about 1,000 stores across the U.S. after suffering a significant quarterly loss.

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