I can't believe what is happening to our economy. The down turn is very sad.
I think its California, California is home of the trash and homeless people, they promote everything to destroy it. They should put that on their license plates.
Not hard to believe..liberal policies been destroying things for decades already
Stop the bullshit,there is no downturn!Its just normal to close these trashy shops!
99 cent stores are sometimes the only affordable grocery store for people. This sucks for those living paycheck to paycheck
They are a rip off full of over priced items. Good riddance. They take advantage of those who can least afford it.
This is nonsense. 99 cent stores sell absolute trash when it comes to food. Crime is terrible and Democrats suck but yeah, this is nonsense.
Leftist (Marxist/Socialist) policies ALWAYS hurt the poor the most. This is all part of the plan to create a larger underclass wholly dependent upon government largesse that middle class taxpayers will have to pay for. That is until there is no more middle class people to tax, then the entire system crashes.
This is disgustingly sad. America has failed its citizens on so many levels
How odd. All of these store closures yet the government announced on Friday record job growth! Something doesn't add up. Must be an election year...
CarsandCats In a month or two the job numbers will be revised down lower. Just check and see.
@@RicoGrande-qv4ex they lie about inflation and they lie about unemployment! Easy to prove. Just think about it. How much was gas under Trump? Three dollars? Now under Biden five dollars? If you know anything about math you know that is not 5% or even 10% of an increase it almost doubled which would make it almost 100%. This is our inflation. time to wake up people. Our government hates the middle and lower classes and is sending hundreds of billions of your tax dollars overseas and debasing our currency which causes inflation!
Let me get this straight... Low gas prices: must be election year. High gas prices: must be election year. Laws pass that effect me: must be election year. Laws pass that don't affect me, but I disagree with the idea of: must be election year. Good economic growth: must be election year. Bad economic growth: must be election year. Christ, not everything is controlled by or connected directly to political corruption. Touch some grass.
@@coryingman Your problem is too much grass. And you don't know Christ either.
Glad ppl are seeing the skewed biden administration numbers now. The admin has been lying about inflation, jobs, and economy for 3 years. It's finally showing but unfortunately, it's going to come down hard on us all and they will blame Trump if he wins.
Most people don't want to accept that our economy, our country is being destroyed...but it is...in so many ways...I am truly scared for our country. It isn't one of those "oh we'll bounce back," kinda things because IT IS being done on purpose.
This is where the government is SUPPOSED to step in and "fix" the situation that is bigger than what individuals, cities, towns, counties, and states can handle.
A huge 371 store chain that has been providing cheap, affordable every-day items and groceries is closing every SINGLE one of their stores. People were hurting before
financially, and now with these stores closing, many Americans are going to go over the financial cliff, but the government, it don't care!
‘the ptb’ and their idiot committees Strike Again!!!
Beyond DisgustinK.
⚪️
😡
maybe start speaking spanish and say I am asylum seeker, then you will get thousands of dollars of benefits and money.
You’re crushing it lately German !! Street journalism at its finest 🙌🏼 🏆
I knew that it was only a matter of time with inflation the way it is. The dollar stores will be dollar stores in name only as they're raising prices on a lot of their merchandise.
The dollar store in my area put up a sign on the first day they were open. saying that everything was at least $1.51. And that Dollar General was just a name.
YO no disrespect to to whoami... yes inflation is real asf THIS is all theft there's so many people stealing to survive ALL CAUSE OF THEFT
So Sad.... Lots of people in America really benefit from these stores 😢 .... I remember The first 99 cent store in Vegas off Jones and Tropicana ( My Mom lived in that neighborhood On Harmon).... Everything you could think of.... Even produce 😮.... I was amazed lots of my family would shop there fro time to time ... I WAS AMAZING 🤩.... I KNOW IT WILL BE MISSED! I just read this morning they are closing all the VEGAS Stores 😢.... Great job Mike .. thanks for the update ❣️
They are being replaced with $5 stores.
Unfortunately, even $5 stores won't be able to survive politician-approved rampant shoplifting. So they too, will close down.
Imagine the American way of life to like cheap labour to make their stuff!!! Karma
@@mikeifyoupleaseyou know what's worse than shoplifting? Getting cheap labour to make your gluttonous economy
Congratulations California. The repugnant politicians did their job, as intended.
I will miss the 99¢ store for sure.
This reminds me of when they closed K-Mart. I was able to use my Sears credit card there. Convenient location and some good deals. Now it's a parking lot. Low income people are going to be hurt by this the most. Suprised they had that much food items. It's like a working man's institution is closing down for good with likely unaffordable housing no one can afford.
The bad policy of California politicians...These two .99 cents stores are in our neighborhood "Miracle Mile" and both suffered rampant shoplifting.
The big one on Wilshire .. close to Fairfax has a homeless encampment next to it...We see them filling up their luggage and duffel bags with candy, chips, sodas, etc..
Lots of hard-working low paid employees will lose their jobs.. most of them... have been working for the store for more than 15 years. Too Sad..
I was told by the manager of my local Dollar General that a quarter million dollars in merchandise are stolen from the store each year. This was before the pandemic, so it's probably much higher now.
Great coverage, thank you for showing what is happening here in California. It’s far from glamorous. It really is painful to see.
I like the way you report, bit of background, the facts as they are, no spin, no political crap, vox pop.. just the truth.
I was at San Dimas, California 99 Cents store at 10 this morning .Parking lot was full.
Lots of merch in stock.
I talked to many customers they were telling me any minute all items go on a lower discount price .
Lots of peeps buying had a lot and are holding their merch with them waiting for the PA announcement to buy at a lower discounted price. So sad to see this happening .
I ❤ the 99 Cents Store. Great deals on everyday merch 💔😥
I was at this same store around 9:30am, I ended up leaving to many people and the register wasn’t ringing up discount yet. The sad part was the employees were notified store closing on the their phone notification just like everyone else. Just sad.
They are going to open $990 dollars only stores instead. Sign of the times! 🤔🤙
Loss of business tax revenue for the state; no problem just increase taxes on residents.
Bullshit!Its good they closed!Other shops can now sell more!Most what they sold was cheap trash that was only good as landfill anyway!
Truly a sign of the times. So sad.
Hey Mike! 🎆That was 🌴THE BEST 99 cent store in LA especially back in the day!🌴 I found name brand quality items at this store that were selling for $5 to $20 each at retail stores and these items were only 99 cents! I stocked up big time on these items! Back in the day this store would have huge boxes of clothes mens, womens and kids and every item was only 99 cents. Every time I saw these boxes in the stores I was looking through the entire huge box everything was just mixed together. I found some really cool vintage 1980s clothing in these boxes and still have some of the items to this day. The clothes looked like brand new and some of them still had the original manufacture hang tags on them.🎆
Crimes and hopeless people destroy businesses! 😳
Let me say BLACK.yes you know what i mean.less black city will have less crimes,but city with tons of blacks,then you'll see how it end.not a racist here but its just the truth.
Low prices like that and the availability of EBT, yet people keep stealing. What an embarrassment.
they are not closing because of theft , they are closing because of Biden's terrible economy .
Yup the poor did it. $290 a month for groceries on government assistance. The working poor have choice to live in a state with a higher minimum wage accompanied with higher rent or lower rent and low minimum wage.. Guess how they resolved the issue.
EXACTLY!
Even sometimes I've seen sodas prices at .25 and they'd rather steal it than just to pay the quarter.
EBT doesn't pay nearly enough, the fact someone has to still budget because food is expensive on individual purchases and ingredients... It's not living wages anymore than working.
Our 😢government doesn’t care about us. They rather send money overseas, then help the American taxpayer.
Not to mention they lie to us at every turn. If they measured inflation the way it was measured back in the '90s, last year inflation was actually 18%. Time to realize that it does not matter at all if the Republicans or Democrats are in control, the average person is worse off year after year.
ok everyone , dont forget that the 99 cents store closing happened while Biden was president and Newsom was governor . just remember that , this coming november on election day .
Nobody is blaming the number one problem/reason. The criminal Real Estate Industry and the easy money Fed.
Feel very bad for all the employees.
Another stunning example of how crime destroys cities. Great job Gruesome Newsom
Do you really think he won the vote or machines gave him the win? Can't imagine anyone supporting this.
And folks just re-voted for all of this, overwhelmingly. Some people get what they deserve.
America need to stop worry about other countries and wars, focus more on your own problems and people.
I feel like we are sharing the end together 🐾
These Stores Have Been Beneficial To EVERYONE
From Time To Time, Over The Years...
Therefore-It Seems Our ‘Gov’t.’ Should WANT
To Keep Them UP AND RUNNING-
INSTEAD Of-ALLOWING Them To Be
‘Driven Into NON-EXISTANCE’.
SERIOUSLY.
What’s So Wrong-
With Helping Out-
Fellow Human Beings???
How SAD.
Praying,
⚪️
😔
🙏🏻
You should talk about the fast food restaurants. Government raises the maximum wage to $20 hours. Lots of restaurants and Ma Ma and Pa Pa restaurants close the door 🚪. California like a ghost town.
Closed my fast food place in Ventura, now we’re in a process of applying for welfare, ebt. Might as well draining from this state like many people do. I’m still can’t figure out why california wants us to do this. But I do enjoy sleeping till 10 o’clock 😅
What wages don’t affect you cause you don’t work for less than 20$ hr. Selfish don’t act like you care
@@ESPINOZA316 Fr what ghost town are these clowns talking about when 40 million people still live in this state, rush hour traffic is through the roof and shopping center parking lots are full on the weekends?
The total lack of law and order in the cities will eventually cause all the food stores to close. Then what?
My Friends and me loved going to shop & look at all the hair accessories, kitchen gadgets, paper
products & lots more! It was always Big Fun💗
That Arnold impression is top notch.
Did you see a couple of months back he ran into Arnold leaveing the gym.that was priceless.
Pathetic. So glad I left California 30 years ago. I saw the handwriting on the wall.
Yes agree
But there is NO darius the mede on the horizon coming to free the slaves !
@@joebidet2050 when you import millions of people from banana republics, you also become a banana Republic 🍌🌴👎
@@100Proof-n5d California is a banana Republic now.... So are all the sanctuary cities...... The goal is to escape these 💩holes 🔥
you know things are bad when dollar stores are shutting down.
My dolor tree is randomly closed all the time with a sign saying they have no employees today. You cant have 6 minimum wage employees working 60hr+ week to run your store. That $40,000 year pay is a joke in 2024.
You can’t expect people to survive on 40k or less in todays world, with outrageous rent, mortgages, food, gas, insurance, utilities, daily living expenses, automobiles, drs. Visits, unexpected expenses, I’m not just talking LA, I mean even the rural areas of this country. Factor in inflation which is caused by the capitalist employer class raising prices at will for any reason they like, or what excuse they make up for doing it!
And, then they are made to share the profits by paying their employees and adequate wage, they throw a hissy fit. It was fine when the workers we’re taking it on the chin ; but when equal compensation time comes, capitalism cries and says, “We can’t make it. The real truth is, they can make it; it’s just not a big enough profit margin for them like they were used to. They rather take their money and go milk someone else.
Truth is they need their employees. They don’t make money with out their employees. No workers, no profits. They love INFLATION, it’s money in their pocket. They set the prices, only them. They have board meetings to raise prices. I don’t do it, you don’t do it. Even politicians don’t do it. The FED doesn’t even do it. Only the Company, CEO, shareholders, have the power to do it.
The politicians and employers will try to blame the Fed. They’ll try to say the Fed pumped to much money in the economy that caused it. Wrong. The money supply has nothing ti do with it. In 1999-2023 the Fed has pumped money into the economy all these years solid. And, the quantitative easing. From 99-21 there was no inflation. Then, suddenly we had inflation? Why? Well, 99-21 proves that money supply has nothing to do with inflation. What happened from ‘21 onward? The Capitalist. Normally, in the preceding years, they would keep inventories full! Hire lots of people to flood the inventories. Supply and demand were meet. Warehouses full. No problems. BUT, this time around after the pandemic, and the presidental election, the barons of capitalism decided “we are going to not hire people, deplete the warehouses, inventories, and create SCARCITY! Thus, we shall have raise prices and create Inflation!! And, then we kick our boots up in the desk, and make excuses why it’s happening. LIES, we tell the American public lies like supply lines, logistics, a ship sank, weather etc etc We don’t want them angry at us!
So, now they just raise prices! Inflation. Greed flation. Shrink flation. Everything across the board.
So, they blame Biden. So, that’s why MBS and Putin are raising gas prices. The Saudis have cut crud oil production down, and Trump allowed the Saudis to buy the oil refineries down in Galveston TX that turns oil to gas. Putin and MBS want Biden out this fall. They dictator Trumo back in to destroy democracy.
And, that’s what all this inflation is about! Make a Democrat look bad. The fed never works on the side of democrats. That was just proved the other day on the news. Fed always leans towards republicans. Powell was appointed by Trump. Historically has been true through all presidents.
@@thethirdgeneration1738 that being said I have meet people who can only make X amount of income to keep their handout benefits. 🤷♂️
My partners mom was a hoarder. We cleaned her property. 3 HUGE dumpsters filled to the brim. One year later, she had accumulated just as much junk as we had cleared once again.🤬 Dealing with the mental dysfunction of a hoarder is the most frustrating, infuriating thing I have ever done.
, as somebody that tends to see "reuse!" in So Many things ! , on her behalf , I apologize , , , 😢
My mom was a hoarder. When she died we were able to finally throw away all the crap she collected
@doneown503
Reuse is no issue. It's the whole " Oh, there's a full-size organ that's in disrepair. I don't play, can't afford to fix it, and don't know anyone who can do either. I think I'll leave it in my yard 4 years. " Type things that are so frustrating, haha. Your apology is much appreciated, though,lol.
I feel bad for the Homeless, who can eat something for a couple dollars. It will definitely impact Them. I once encountered a Person who didnt want money, just was very honest about wantng bread and a can of Sardines. I gladly bought that for Him and decided to start eating Sardines Myself. I think of the .99cent store and that encounter when I have them. I actually learned to pour them in Top Ramen, its actually makes a descent lunch.
Sardines and Ramen????!!!!! Noooo! What you need sir, is a wife! (My former fiance also did unacceptable things with sardines, but on the bright side, I took started eating sardines...with CRACKERS!)
I’m shocked ❤❤❤
Rest in peace 99c store
I left CA in 2016 and used to always shop at 99cent only. When I left CA everything was 99cents only, my new location did not have a 99cent only store close by. I was "shocked" to see their recent prices :)
Eight years. An entire two presidential cycles, and you're still whining about California.
@@coryingman I'm not "whining" about California, I'm glad to be out of the liberal hell hole...
You haven't become a news channel, you tell the truth.
We Love You Mr. German In Venice!
I went to Los Angeles with my parents in 1988. It looked like a rich land. Sad it's gone 🤔
Greetings from the south of France. I enjoy your channel 👍
I found your channel last night and watched you stroll through Beverly Hills. I used to live in West Hollywood so it was fun to see my old stomping grounds. I liked the video very much. Your approach is honest and, at times, very funny. So, today when the 99 Cent Store video popped up, I immediately watched it. Your off the cuff remarks are hilarious. I’m hooked. I have subscribed. Great work!
Just imagine if this happens to Wal-Mart.
Nobody, not one sane person should be ahocked by any of this.
True. After years of neoliberal economic policies from Presidents like George W. Bush and Donald Trump, this was all but inevitable.
pretty soon we can all wait in line for government cheese 🤷♀️
That is so unfortunate for all the people that can only afford the $.99 store… Thank you, MIKE for all the work that you do❤
😲Pandamic did a lot of damage for everything! If rhis is the new normal IT STINKS!
Same in the UK. Poundworld has now gone. Sign of the times when shops like this are closing!
I remember when I would go to the 99cent store back in the late 90's and early 2000's every other time the cashier would scan the item for whatever reason the register would go "uh oh" in a high pitched up-beat voice and since there were several rows of registers you'd hear it constantly "uh oh uh oh uh oh" it was the weirdest thing and has stuck with me as a memory all these years lol
I forgot about that! I remember when they used to just count the items instead of scanning it.
That does sound like a Canadian sense of humor (someone commented it's a Canadian business).
Biglots are closing as well. They can't get product any longer I believe.
Oh man, I used to walk to that one all the time when I worked at the Writer's Guild on 3rd & Fairfax.
Several years ago, when my daughter was in kindergarten...on Friday's i would take her to the 99 Cent store and buy her a bunch of toys for like 10 bucks. Thanks for the good memories 99 cent store.
Keep printing money and inflation will never go away
the rate of inflation from 1970 to now, will be faster for the next 50 years
The Wilshire 99 Cent Only was my favorite! So sad. This closing is going really hurt the half of LA population that earns less than $50 K per year.
People think if you come from LA you have money but thats far from the truth most live check to check.
You are the pulse 🫀💗 of L.A .
During the pandemic you showed the reality..
*You need to stay Real ( good or bad )* !!
People better wake up and take noticed, what's going on in the U.S.A.
Pay your debt off and save your money. This Economy effecting Everyone, except for the Billionaires.
Sad news I believe they’re going to close all $.99 stores. They are closing down Phoenix Arizona where I live $.99 stores are gone forever sad.
And I used to like going down there so I can get Ramen noodles, hot and spicy ones and candy. Very sad.
Que triste. I don't live in the States but after watching these kind of videos it looks like something big is happening to that Country. I wish we could have that kind of store where I live.
Love your videos Mike keep it up
Bail reform, weak on crime policies, very high inflation, high rents, high rates, fuel costs, high home $, you name it. Salaries have not kept up with all of this.
@@geoffreyhdavey Similar yeah, high inflation hitting everywhere. People simply are not able to keep up. Combined with high interest rates, high rents, etc.
@@geoffreyhdavey99cent store is corporate owned and based out of California with 70% of their stores there. When corporations go out of business and they have stores in multiple states, this means that they will be closing stores in all of those states.
Who here remembers going to the 99 cent only store and purchasing a malty fruit flavored 6 pack of, “Bicycle Beer”, an audio cassette tape of Hulk Hogan singing, a 20 year old Live Aid t shirt, and a delicious chicken Kiev for dinner all for 5 bucks?
Sorry to hear about the once mighty 99 cent only stores going under.
I pray for all of those that are being affected by this and those that are struggling and pray that God richly bless you with wisdom and strength and for a way to provide for you in these difficult times. 🙏✝️
once when i was poor I got a whole week of groceries there for $8. They're a lifeline for a lotta ppl. Sorry to see them go.
@@kgreene460that's only more recent. It actually did have more choices, which were cheaper than grocery stores.
They've not been a true 99c only store for probably 20 years. But they were far more generous and had a variety of things most couldn't afford for a long time. It's just another end to an era of our existence.
Agree 💯 people are not paying attention. All the food is the same price the junk from China is what they make their money on. It's all the crap they buy a don't need. @@kgreene460
So sad to hear that 99 cents stores are closing. Dollar Tree also announced to close many stores too.😖😖😩
You're watching the end of the US.
We got one in Berkeley in 2005 i stoped shopping the Safeway an only shopped there . Till I moved in 2016 . Sad what a shame 😢.
You are a news media. I noticed after you reported on the graffiti towers, it got more coverage and action. Great videos GIV! Thank you!❤
We Love the GIV…thank you
My favourite part was when you silently stood next to those boxes of Tampax. 😂👍🏼🇬🇧
Tampax's require complete silence. It's in the instructions manual.🤔🤓🇬🇧🇨🇦
😔I don't shop at the 99¢OS & i'm heartbroken! I feel so bad for all the employees who are now out of work... A friend of mine is a Logistics Supervisor at the Commence Headquarters who' been out on Bereavement Leave for the past two weeks, just lost his mom, how cruel is that!
$99 stores now under build back better.
Not only the poor are losing from this, so is the city from lost revenues. The dominos are falling.
I'm really sad about this. This store has gotten me through lean times and supported my frugal lifestyle. I hope some saves this chain!
Going to the 99 cent Only store, was like experiencing Christmas, every day of the year! No body was poor there! And everyone
could afford to buy all their necessities and groceries. Times were good. But something happened, 4 years ago.
I like how you tell what is going on in our world. Thanks
Imagine living somewhere where homeless just shack up in the store front.
I loved 99 when almost everything was 99 just a few years ago. Now, almost nothing is 99 and you don't even know the price until you're at the register.
I was watching another video log from Orange county and they were also showing a 99 cents store closing and were talking about all the stores and the employees losing their jobs.
I went to the 99-cent store in east Anaheim at 9:00 on Sat night, I thought it wouldn't be crowded, but it was still very crowded!
👍💯🙏🌟💪MIKE THANKS FOR ALLL THE HARD WORK LETS DO A PRAYER FOR THE MAN WITH HIS CLEAN UP HELP IN ALL WAYS WITH POSITIVE THOUGHTS AND HEALTH AMEN💯🙏🌟
What's that old saying? You get what you vote for -- and you get it good.
You actually think voting makes a difference? Especially in this day in age? 😂 Buddy, this game has been rigged for years!
@@MysticWolf1223that's why they fear Trump so much... He wasn't groomed to be a politician.
"WOW"! Fantastic news!
Far out! FINALLY! YES!
A shout out and big howdy to anyone else who is really excited and happy about this. Interesting times. Very interesting!
99 cents store are always busy I find it suspicious that it's closing a lot of low income elderly people will miss this store
I really enjoy your channel. You have a great variety. Always something interesting. Thanks for all you do for us. God bless you.😊
man every homeless person in my city was living off the 99 can't store they sure will feel the pain from this .
They wouldn’t be stealing if this nation had equality, I don’t condone stealing at all but when people are hungry and have no money what do you or anyone expect?
Mike your the man even in Australia 🇦🇺 this is happening, some things happen worldwide peace from Australia 🇦🇺
I see malls going away. I liked malls my whole life. So much to miss today
You voted for this. GREAT JOB!
@@tomasviane3844 You vote DEMOCRAT you voted for this. Reap what you sow.
@@suzanaslejmar6166 No it will get better and white dog owner are racists
@@suzanaslejmar6166 Yeah just like it got BETTER in Trumps first six months of being in office. He brought us back from Obama's disaster.
Trump is forever the best PRESIDENT of all time.
you have the best you tube channel ... i luv it!! not that i'm getting withdrawls from hearing thank you thank you thankyou for gifting gifting coffee money gas money thank you for sharing this room! cant imagine the backyard... wow thank you GIV
You have a really nice store compared to mine in Oakland.
Thank you for sharing very sad so much prices are going up everywhere it's hard to go to the store and just buy bread and milk and come out paying 40 dollars for a little bit of stuff so sad to see it gone 😞
I feel like 😢crying 😢
It’s sad the government will bail out big banks, corporations and their friends. Will not bail out a store like this which a lot of people depend on.
This is what Build Back Better is all about. FJB!
Why are you suddenly politicizing a store closure it’s embarrassing
Bill back better what a laugh everything is getting worse layoffs inflation, high gas, prices, and stores closing, but they rather send money overseas that help the American taxpayer. So sad..
@@Mr.CrAnKy I ain’t supporting him you’re just triggered I’m voting for Shrek
thank you giv
This has nothing to do with "inflation" and everything to do with corporatocracy greed, just follow the money.
You are a fool. They shouldn't let people like you vote.
Joe Biden DOUBLED the money supply in 2 years after taking office - making the money in your pocket have 30 to 40% of the buying power it had under Trump.
Capitalism didn't do that. GOVERNMENT did that. Government causes most of our problems.
Well they are NOT 99 Cents Only, and I think this is all by design, to dismantle the poor and middle class even more!
This is one of those places you don’t really appreciate until it’s gone 😢
Absolutely
@@Jonathanest90sI blame Gavin newsom and all the leftist policies that allow people to steal without consequence🎉
"This is one of those places you don’t really appreciate until it’s gone."
Just like "Paradise".
Gonna pave it over with closed businesses and homeless tent cities.
@@mikeifyouplease when you import the third world you become the third world
Any sort of a dollar store, all they lose is 371 employees at best lol. :( Just like any typcial "$" related store. When business eat their own, its funny to see, soon we'll have a major feudal lord which controls the means of production..