Who owns DII stores?
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Ownership of DII Stores
DII Stores, also known as Deals & Discounts, is a chain of discount retail stores primarily located in the New York metropolitan area. The ownership of DII Stores is held by National Wholesale Liquidators (NWL), a family-owned business. The transition of ownership to NWL signifies a strategic move to expand and strengthen the presence of discount retailing in the region.
The acquisition by NWL not only marks a significant expansion for the company but also ensures that DII Stores continue to serve their communities by offering a wide range of products at discounted prices. This move is part of NWL's broader strategy to grow its retail footprint and leverage the strong brand recognition of DII Stores in the New York area.
Under the ownership of NWL, DII Stores are expected to benefit from enhanced operational efficiencies, broader product assortments, and the financial backing necessary to navigate the competitive retail landscape. This strategic acquisition underscores NWL's commitment to providing value to customers while expanding its market reach.