The former president of Big Lots (formerly Pic ‘N’ Save) is putting together a group of investors to save the 99 Cents Only Store locations in California. On Friday, the stores’ operators began liquidation of the merchandise and fixtures at locations, and that will continue. But 90 days after the completion of the closures, the investors hope to do a grand reopening of the 143 California outlets with a return to the original vision of the bargain hunt, found treasure atmosphere.
While the ubiquitous bargain stores are going out of business and started to offer ” closeout sales on Friday, Mark J. Miller, former president of Big Lots and the original Pic ‘N’ Save brand, has put together a group of investors to save the 143 stores in Southern California.
It’s a passion for me to try and do this deal because I think it’s such an iconic brand name and has such a great feel for…
