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Party City to close after 40 years, citing financial woes. Employees blindsided by sudden layoffs, no severance, and February 2025 store closures. Party City is reportedly closing all of its stores
Party City has announced it's closing all its stores and filing for Chapter 11 ... Party City’s roughly 700 locations will remain open for “going out of business” sales while supplies last. ...
Party City is closing down all stores in the U.S. after nearly 40 years in the party-planning business.. CEO Barry Litwin held a meeting early Friday to announce the business will be “winding ...
Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is ...
Party City Holdco Inc. [2] is an American chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. The company's headquarters are in ...
Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [230] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [231] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [232]
Party City had 18 confirmed closings, with one more planned closing in 2024, according to Coresight Research. That comes after 65 confirmed closures in 2023, the research firm says.
Party City will be closing all of its stores, ending nearly 40 years in business, CNN reported on Friday. The news comes just months after the New Jersey-based company exited bankruptcy in September.