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.

On Dec. 21, Party City filed in the U.S. Bankruptcy Court for the Southern District of Texas, after already emerging from a previous bankruptcy in 2023 with about $1 billion less in debt.

The party’s over for Party City. The New Jersey-based retailer, which had more than 850 locations globally as of August this year, will shutter all its stores after running out of money to stay ...

Party City will shut down all of its store after 40 years of business. According to a CNN report, CEO Barry Litwin told his employees that operations would be "winding down" immediately and that ...

Party City was once unmatched in its vast selection of affordable celebration goods. But over the years, competition stacked up at Walmart, Target, Spirit Halloween, and especially Amazon.

On Dec. 20, CNN reported that Party City is working to close all of its locations as it winds down operations. The party supply retailer − headquartered in New Jersey − operates more than 700 ...

Party supplies retailer Party City is permanently shutting down, CNN reported Friday. Its retail footprint in North America spans over 700 company-owned and franchised stores.

As per Party City’s email, new inventory is being shipped in. This “Everything Must Go” sale is clearing out all of the Party City warehouses, until the stock fully runs out.

Party City was able to keep most of its stores open, CNN reported, noting that the chain has shut down more than 80 locations since the end of 2022. In September, ...

Are Party City stores coming back? New owner says the retailer is being ‘reimagined' The announcement comes after Party City was sold to a new owner for $20 million, with the sale meant to ...

Party City, which specializes in party supplies and was founded in the mid-1980s, has more than 700 company-owned and franchise store locations across North America, according to its website.