99 Cents Only Moves Forward On Ch. 11 Shutdown Plans

By Clara Geoghegan (April 9, 2024, 10:29 PM EDT) -- Discount retail store 99 Cents Only is on track to close its 371 stores by the end of May as part of its Chapter 11 case after a Delaware bankruptcy judge on Tuesday approved first-day motions that lay groundwork for the company to close down, but held off on approving a debtor-in-possession package until terms reached during hallway negotiations can be memorialized....

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