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 to Shut Down All of Its Stores After Nearly 40 Years: 'We’ve Done Everything Possible,' Says CEO
CEO Barry Litwin told employees that operations would be "winding down" immediately, according to a CNN report
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 to shutter all stores, including more than a dozen in Greater Philadelphia
Party City, which operates more than a dozen locations in Greater Philadelphia and over 850 outposts across the country, is closing all of its stores. Friday was the last day of work for corporate employees, the retail chain's CEO, Barry Litwin, told them in a videoconference call watched by a CNN reporter, which first reported the news.
Turn out the lights, the Party City is over — chain to close all stores
INDIANAPOLIS (WISH) — Party City is closing all of its stores nationwide after 40 years in business. This includes all locations in Indiana. According to CNN, 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 locations after 40 years in business
Party City is closing all its stores nationwide after 40 years in business and on the heels of coming out of Chapter 11 bankruptcy.
Party City declares bankruptcy, closing 700 stores, including 18 in Va.
Listen to this article Party City filed for bankruptcy Saturday and said it would “commence a wind down of its retail and wholesale operations and going out of business sales at its approximately 700 stores nationwide,
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.
Store Closing Sales Underway at Party City Locations Nationwide
Gordon Brothers, the global asset experts, announced store closing sales are underway at 692 Party City locations nationwide. The party store retailer is offering up to 50% off the original ticketed price on all merchandise.
Party City surprises shoppers with going out of business sale before shuttering over 850 stores
The popular party supplies retailer announced on Friday, Dec. 20 that is closing all stores after 38 years in business
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Party City starts liquidation sales
After CEO Barry Litwin announced on Dec. 20 that the company was going out of business, the party supplies retailer ...
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Party City is closing its stores and going out of business, report says
Company CEO Barry Litwin told corporates employees in a meeting Friday the company is "winding down" operations and and today was their last day working there, CNN reported. The retailer had more ...
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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.
The Container Store Joins Growing List of Major Retailers Filing for Bankruptcy
The Container Store, which specializes in organizational and storage-related products, has filed for Chapter 11 bankruptcy protection as customers increasingly cut back on discretionary spending.
Party City CEO’s ‘Winding Down’ Announcement Shocks Employees
Party City announced that it would be closing all of its stores in a shock announcement CEO Barry Litwin delivered to ...