NORTHBROOK, Ill. - 99 Cents Only Stores LLC (the "Company" or "99 Cents Only Stores") has commenced going-out-of-business sales at all of its locations. Hilco Global is managing the liquidation event, and Jefferies LLC 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 comprise desirable retail locations and development parcels in densely populated urban areas.
The liquidation sale will include all the approximate 371 locations across the states mentioned above, offering unprecedented discounts on a wide range of products, from everyday household items to fresh produce, an assortment of seasonal and party merchandise, and more. Shoppers will find significantly reduced prices on name-brands and regularly available food and beverage products such as produce, deli, and other grocery items. Store fixtures, furniture, and equipment will also be available for sale.