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(WJET/WFXP) — Party City is reportedly considering a second bankruptcy filing in two years, and this time a sale may also be under consideration. According to the Bloomberg report, which cited ...
Party City's headquarters are in Woodcliff Lake, New Jersey. [3] Party City is the largest retailer of party goods in Canada, Puerto Rico, and Mexico. Party City operates over 850 [4] company-owned and franchise outlets in over 70 countries around the world under the Party City, Halloween City, Toy City, Factory Card and Party Outlet brands.
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]
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Inflated party balloons. A toy balloon or party balloon is a small balloon mostly used for decoration, [1] advertising and as a toy. Toy balloons are usually made of rubber or aluminized plastic and inflated with air or helium. They come in a great variety of sizes and shapes but are most commonly 10 to 30 centimetres (3.9 to 11.8 in) in diameter.
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