Great news... 99 cent store might be saved by CEO of Pic N Save and former Big Lots President
WooHoo! 🥰🙌 Great news... 99 cent store might be saved by CEO of Pic N Save and former Big Lots President putting together team of investors.
For those of you interested Pic N Save still has locations visit https://pnsbargains.com/
NBC 4/8/24: There may still be hope for Southern California’s 99 Cents Only Stores.
While the chain declared bankruptcy, there’s an effort underway to keep some of them from shutting down permanently.
A local man who knows the bargain store business well said that while the chain’s bankruptcy declaration will make things more difficult for him and the group of investors he’s gathered, it won’t stop them from working to find a way to keep stores in Southern California open.
Customers rush into a 99 Cents Only Store in Pico Rivera as they prepare for the chain’s closure.
The chain is set to close all 371 locations nationwide, but there's a glimmer of hope for 143 Southern California stores
“I said ‘okay let's see if I can put some people together to buy this chain,’” Mark Miller, CEO of Pick N’ Save Bargains, said.
Miller, who is the CEO of Pick N’ Save Bargains and former president of Big Lots, is hoping to save the beloved bargain store.
He has put together a team of investors who want to continue the chain’s commitment to the community.
“It's still going to be oriented on food, consumables, general merchandise, seasonal,” Miller said. His plan is to save the stores by going back to the basics
“It was a treasure hunt, you never knew what you were going to find. Never, never. And you went there because you said I never know what I'm going to find and I can also find some good basic things,” Miller said.
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