Dollar Tree acquires leases for 170 99 Cents Only stores to expand its footprint
Acquiring Company
DOLLAR TREE
Acquired Company
99 CENTS ONLY STORES LLC
ChesapeakeCommerceFood and BeverageE CommerceFashionRetailCommerce and ShoppingDescription
Dollar Tree has acquired leases for 170 99 Cents Only stores out of bankruptcy, in Arizona, California, Nevada, and Texas. The stores will reopen with Dollar Tree-branded products in the fall, allowing Dollar Tree to grow its footprint and extend its reach on the West Coast.
Quick answer
DOLLAR TREE is acquiring 99 CENTS ONLY STORES LLC, announced May 29, 2024. DOLLAR TREE is based in Chesapeake, Virginia, United States.
- How much did DOLLAR TREE pay for 99 CENTS ONLY STORES LLC?
- The deal value was not disclosed.
- What does DOLLAR TREE do?
- Dollar Tree, Inc. is a leading discount variety store operator in the retail industry, primarily providing customers with a wide range of merchandise at a fixed price point.
- Where are DOLLAR TREE and 99 CENTS ONLY STORES LLC based?
- DOLLAR TREE is based in Chesapeake, Virginia, United States. 99 CENTS ONLY STORES LLC is based in Commerce, California, United States.
- Who are the decision-makers at DOLLAR TREE?
- Fundz holds 1 contact at DOLLAR TREE. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and E Commerce
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- HBC, the owner of Saks Fifth Avenue, acquires Neiman Marcus, creating a luxury retail giant (July 4, 2024)
- REVOLVE Group, Inc. acquires majority stake in Alexandre Vauthier to enhance fashion offerings (June 25, 2024)
- ShakeStir LLC (dba Cocktail Courier) acquires Thirstie, Inc. to enhance alcohol e-commerce (June 24, 2024)
- Havenly adds select assets of St. Frank to its expanding portfolio (June 12, 2024)
- WSG Brands completes acquisition of legendary fashion brand Von Dutch (July 10, 2024)
- Dollar Tree completes acquisition of 170 99 Cents Only stores to enhance market presence (June 22, 2024)
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Frequently asked
Who acquired 99 CENTS ONLY STORES LLC?
99 CENTS ONLY STORES LLC was acquired by DOLLAR TREE, based in Chesapeake. The deal was reported on May 29, 2024. Dollar Tree, Inc. is a leading discount variety store operator in the retail industry, primarily providing customers with a wide range of merchandise at a fixed price point. DOLLAR TREE is publicly traded (DLTR) and operates in Food and Beverage.
When did DOLLAR TREE acquire 99 CENTS ONLY STORES LLC?
DOLLAR TREE's acquisition of 99 CENTS ONLY STORES LLC was reported on May 29, 2024. Dollar Tree has acquired leases for 170 99 Cents Only stores out of bankruptcy, in Arizona, California, Nevada, and Texas. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 99 CENTS ONLY STORES LLC do?
99 Cents Only Stores is an American price-point retailer chain that offers a broad assortment of name-brand products, including food and beverages, household essentials, seasonal products, and health and beauty care. It is privately held, operating in Commerce and Shopping, and is based in Commerce.
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