Dollar Tree Set to Acquire 93 Former 99 Cents Only Stores in California

The discount retailer plans to reopen locations under its own banner after 99 Cents Only's bankruptcy and liquidation.

The acquisition includes stores primarily in Southern California, with some in Arizona, Nevada, and Texas.
99 Cents Only filed for bankruptcy and closed hundreds of stores due to economic challenges and shifting consumer demands.
Dollar Tree is expanding despite closing many Family Dollar locations acquired in 2015.
The purchase is pending court approval and involves undisclosed terms.
Dollar General, a key competitor, continues to expand aggressively with 1,000 new stores annually.