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It offered a combination of closeout branded merchandise, general merchandise and fresh foods. the store initially offered all products for 99¢ or less [2] the base price became 99.99¢ in 2007 and products were later introduced. The discount store company has also paid for the 99 cents only's 'intellectual property,' meaning it has the option to keep some stores open under the brand or even open new ones using it A look at why dollar store brands like dollar tree, family dollar and 99 cents only are closing stores as dollar general continues to expand. 99 cent only stores are shutting down their 371 locations, with operators blaming the flailing business on unmanageable inflation and theft. Dollar tree announced wednesday it acquired leases for 170 of 99 cents only’s stores out of bankruptcy in arizona, california, nevada and texas. 99 cents only stores will close all 371 of its stores and wind down its business operations after more than four decades, the city of commerce discount chain announced thursday.