99 Cents stores to close down all 371 locations

A 99 Cents Only store is seen in Los Angeles, on Friday. A day ago, the City of Commerce discount chain with some 14,000 employees announced that it will close all 371 of its stores in California, Arizona, Nevada and Texas. (Robyn Beck/AFP via Getty Images)

Shoppers across large swaths of the country are mourning the bargains they'll soon never bag again behind the bright-pink-branded storefronts.

99 Cents Only Stores — a discount chain with stores in California, Texas, Arizona and Nevada — is winding down its business operations at all 371 locations, the company said Thursday.