Retail Chain Lifeline: Rival Dollar Chain Boss Plans to Save 99 Cents Only Stores from Closure
In Southern California, there is hope for some of the 99 Cents Only Stores that are facing closure, as another chain is looking to buy the brand. The retailer recently announced plans to shut down all 371 locations, citing high inflation and increasing theft as the main reasons for the closures. CEO Mark Miller of Pic ‘N’ Save Bargains, along with former 99 Cents Store executives, is leading a group of investors in a bid …