Meet The Team In 99 Cents Only's Speedy Ch. 11 Wind-Down

By Clara Geoghegan · April 12, 2024, 6:59 PM EDT

Newly bankrupt discount retailer 99 Cents Only has an ambitious plan to liquidate all of its inventory and close down 371 stores in less than two months. Guiding 99 Cents Only...

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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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Case Information

Case Title

Number Holdings, Inc.

Case Number

1:24-bk-10719

Court

Delaware

Nature of Suit

Date Filed

April 07, 2024