Dollar Tree takes over for hundreds of 99 Cents Only stores from Texas to California

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Nearly 200 shuttered 99 Cents Only stores from Texas to California will be re-opened as Dollar Tree locations after the leases were secured out of bankruptcy...

Discounter Ollie’s Bargain Outlet joined Dollar Tree in buying leases and assets for the stores in Texas

Shoppers use plastic grocery bags after shopping at the 99 Cents Only Store on June 18, 2013, in Los Angeles. The transfer of designation rights for 170 locations in Texas, Arizona, Nevada and California, along with some of the furniture, equipment and fixtures inside, was approved by the United States Bankruptcy Court for the District of Delaware.99 Cents Only had struggled for some time with shifting consumer demand, inflation and theft, and it’s not alone among bargain store chains.

“The portfolio complements our existing footprint and will provide us access to high-quality real estate assets in premium retail centers, enabling us to rapidly grow the Dollar Tree brand across the western United States, reaching even more customers and communities,” he said.What is closed after severe storms ripped through North Texas on Tuesday morning?

Damage wasn’t the issue for most grocery retailers, but extended power outages are forcing some stores to open later.On June 10, Buc-ee’s will open its doors to its 50th location and its largest travel center in the country in Luling, Texas, the town “where the legend began,” the company said in a statement. The brand opened its first family travel center in the city in 2003.The original Luling location will be replaced by the new 75,000-square-foot rest stop.

 

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