Reported 4 months ago
Dollar Tree plans to reopen around 200 closed 99 Cents Only stores in Texas, Arizona, Nevada, and California as Dollar Tree locations after obtaining leases through bankruptcy proceedings. Shares of Dollar Tree rose after the approval by the United States Bankruptcy Court for the District of Delaware. The move comes after 99 Cents Only Stores filed for Chapter 11 bankruptcy, announcing the closure of all 371 stores.
Source: YAHOO