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Hilco and Jefferies to Manage Liquidation Sale of Locations of 99 Cents Only Stores

byPhil Neuffer
April 8, 2024
in News

99 Cents Only Stores is commencing going-out-of-business sales at all of its locations. Hilco Global is managing the liquidation event, and Jefferies and Hilco Global are managing the sale of the company’s real estate assets, both owned and leased, in Arizona, California, Nevada and Texas. These real estate assets consist of retail locations and development parcels situated in densely populated urban areas.

The liquidation sale will include all the approximate 371 locations across the previously mentioned states, offering discounts on a range of products from everyday household items to fresh produce to an assortment of seasonal and party merchandise. Store fixtures, furniture, and equipment will also be available for sale.

Gift cards and merchandise credits will be honored through close of business on April 19. All sales are final during this store closing event. Exchanges for items purchased prior to April 5 will be accepted in accordance with the company’s existing policies through the close of business on April 19. No returns for purchases made before April 5 will be accepted.

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