Aldi quietly buys shuttered 99 Cents Store locations after discount chain went bust and closed 800 locations ...Middle East

ALDI has purchased two 99 Cents only Store locations after the discount retailer went bust. The latter chain, which is owned by Dollar Tree, shocked shoppers when it announced in April that it would shutter all its stores. GettyAldi has purchased two shuttered 99 Cents only Store locations[/caption] Paralyzing Covid-19 lockdowns, spiralling inflation and soaring crime pummeled all contributed to the dollar store’s demise. Now, German supermarket chain Aldi has swooped in and nabbed two storefronts in central Phoenix and east Mesa, Arizona for $3.8million and $3.1million respectively. ‘CHALLENGING’ TIME While Dollar Tree is looking forward to its expansion, the retailer will

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