Doom For Dollar Stores, Or A 99 Cents Only Problem?

By Ben Zigterman · April 17, 2024, 6:57 PM EDT

The Chapter 11 filing of discount retailer 99 Cents Only isn't expected to be a bellwether bankruptcy in the dollar store sector, but rather a one-off example of a chain that...

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Bankruptcy Scorecard

Summary

Discount store 99 Cents Only and five affiliates filed for bankruptcy in Delaware with more than $1 billion in debt, days after announcing plans to wind down operations and close its 371 stores.

Case Number

1:24-bk-10719

Judge

Kate Stickles

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Between $1 billion and $10 billion in liabilities

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Related Sections

Case Information

Case Title

Number Holdings, Inc.

Case Number

1:24-bk-10719

Court

Delaware

Nature of Suit

Date Filed

April 07, 2024

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