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Party City is Closing 700 Stores
Party City Goes Out of Business After Nearly 40 Years
On Friday, store staff received letters stating that all stores will officially close by Feb. 28, 2025. Until then, Party City’s roughly 700 locations will remain open for “going out of business” sales while supplies last. The company added that about 95% of its 12,000 employees will remain on staff through the closure period.
Party City is going out of business, files for Chapter 11 bankruptcy
Party City, known for its party supplies and seasonal Halloween City popup stores, has filed for bankruptcy and is going out of business.
Party City to Shut Down, Liquidate All Stores by February
Party City is officially shutting down operations, with corporate staff employment ending immediately and store closures planned for early next year, according to an announcement from CEO Barry Litwin.
Party City Abruptly Shutting Down All Stores: What We Know
Party City's CEO announced at a meeting Friday it is shutting down all stores, a day after Big Lots announced closing sales.
Is Party City store in Louisville closing? Company files for Chapter 11 bankruptcy
Party City, which operated about 750 stores, had filed for Chapter 11 bankruptcy in January 2023 and emerged from the process in October 2023 with $1 billion less in debt. It also named a new CEO, Barry Litwin, who joined the company in August 2024.
Party City is closing stores nationwide. See which Triangle-area stores are affected
The one-stop shop for party essentials is shutting down stores across the U.S., including these in North Carolina.
Party City closing all stores after failing to recover following bankruptcy, CNN reports
The announcement was made to corporate employees Friday, who were told it was also their last day of work, according to CNN.
Party City files for bankruptcy
Party City filed for bankruptcy Saturday for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations. The nation’s largest party supply chain said in a statement that filing for Chapter 11 bankruptcy would “maximize value” for its stakeholders and
Party City closing all stores, ending 40 years in business
Party City joins a growing list of retailer bankruptcies this year as customers cut back on discretionary spending amid the rising cost of living.
Party City is going out of business: report
Once the largest party supply chain in the United States, Party City became synonymous with balloons, Halloween costumes, and party essentials for the last 40 years.
Party City is going out of business nationwide: See full list of store closures
Party City filed for Chapter 11 bankruptcy Saturday, with the company closing all of its stores nationwide. See the full list here.
5d
on MSN
Party City is going out of business
Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told ...
5d
on MSN
Party City CEO announces chain is halting operations, all employees laid off
The CEO of retailer Party City, which operates more than 700 company-owned and franchise stores across North America, says ...
Yahoo Finance
8h
Party City is closing. Info on sales, South Jersey locations and more.
Party
City
CEO
Barry
Litwin
told corporate employees in a meeting Friday that
Party
City
is "winding down" ...
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