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In 2019 a global shortage of helium sharply reduced supply for helium-filled balloons, due to the US rationing helium because of a reduction in supply by 30% stemming from a Saudi-boycott of producer country Qatar, impacting party stores such as Party City, one of the reasons the company cited in closing 45 of its 870 stores. [6] [7]
Walmart is closing or has closed stores in 10 states, including Louisiana, Arizona, California, Virginia, South Carolina, and Tennessee.
Party City is closing 45 of its 870 stores this year, the company said Thursday. The company typically closes 10 to 15 stores annually. Party City is closing 45 stores amid a global helium ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
In 2011, Amscan became a licensee for MLB, NBA, NFL, NHL, and NCAA party products and balloons, with Party City carrying all teams in their respective markets and offering the entire assortment in larger stores and online. [14] In 2011, Party City expanded outside the United States with the acquisition of the Canadian retailer Party Packagers ...
Retail giant Walmart will close 10 U.S.-based locations this year due to poor financial performance, despite the company's overall 7.3% 2022 Q4 revenue increase. The retailer has a track record of ...
Some states have banned mass balloon releases, like the one in Cleveland, Ohio, in 1986 when a charity set loose a world-record 1.5 million helium-filled balloons.
Do not use metallic ribbon with helium-filled balloons; Although the law was put into effect in 1990, the issue of foil balloons being a hazard resurfaced in 2008. A senate bill was proposed to ban the sale of all foil balloons by the year 2010 due to the increased number of power outages. [citation needed] The bill was California Senate Bill 1499.
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