re: #30 Wendell Zurkowitz ((slave to the waffle light))

So the business model of selling useless crap to people who cannot afford anything else because they all work in a cheap retail store that pays minimum wage is no longer viable?

I looked into their history, and in 2011, 99 Cents Only was bought by private equity firm Ares Management and CPP Investment Board: the deal was finalized in 2012 and the new owners started laying people off as early as 2013.

Seems to me more of the classic case of PE firms doing what they do best - stripping the company of anything of value, then either selling off the hallowed-out husk or wrapping up operations entirely.