Yankee One Dollar is shutting down its entire chain of stores, including locations in Rotterdam Square Mall in Rotterdam and Crosstown Plaza in Schenectady.
Chain Owner Keith Flike said the action is a “reflection of the times.” He estimated that the two local stores will be closed within six to eight weeks.
At the chain’s peak, there were 39 Yankee One Dollar stores. Now 23 are left in New York, Vermont and Western Massachusetts.
Flike said the plan to close the chain has been in the works for about a year. He said he has other business interests but plans to “semi-retire.”
All items in the stores are now priced at 75 cents or less.