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Commentary: 99 Cents Only Store closes after facing inflation, shrinkage, high California real estate costs, inadequate economies of scale compared to rivals; meanwhile, Dollar Tree and Dollar General have thousands of US locations, wider pricing platform

Discount retailer 99 Cents Only Stores to shutter all 371 of its stores by May 31 following bankruptcy, liquidation announcement; company's 10 largest creditors are owed nearly US$35M, other obligations include about US$6.3M in payroll

Canadian discounter Dollarama posts double-digit sales gains for fiscal Q4, driven by comparable-store sales growth of 8.7% year-over-year; total sales for the year up 16.1% amid new store openings, stronger than historical demand for consumables

At least two Family Dollar stores in Memphis, Tennessee are closing this month due to theft, workers say

99 Cents Only Stores files for Chapter 11, announces it will liquidate assets; company says it was unable to identify solutions to stay in business after years of challenges, including COVID-19, inflation, rising shrink, changing consumer demand

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