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 corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be their last day of employment.
Party City closing all of its stores, going out of business effective immediately
After nearly 40 years in operation, Party City is going out of business, with all stores closing CEO Barry Litwin told its corporate employees Friday that Party City is “winding down” operations immediately and that today will be their last day of employment,
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 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.
Party City files for bankruptcy – again
Closing sales began Dec. 20 at the Woodcliff Lake-based retailer’s more than 750 stores and will continue over the next several weeks.
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 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 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 to close all stores
Party City, which operates 10 stores in the region, is closing all of them, according to national media reports.
Party City is reportedly going out of business
According to reports, the Woodcliff Lake-based specialty retailer’s CEO, Barry Litwin, spoke with corporate employees during a Dec. 20 meeting, telling them the company is “winding down” operations immediately and that today is “their last day of employment.
Party City is closing. Info on sales, South Jersey locations and more.
The company will also put its assets up for bidding or, if there's no sale, "initiate store closing sales to liquidate all of the Party City Group Companies’ retail and wholesal
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 ...
Party City to close all stores after nearly 40 years
The party has come to an end for the formerly bankrupt retailer that operates 27 stores in South Florida and more than 850 ...