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.

Business Party City closing: Here’s what to know about going out of business sales Published: Mar. 12, 2025, 2:18 p.m.

Mitch Modell, who was previously the CEO of Modell’s Sporting Goods, has said he’s looking to potentially acquire Party City in the wake of the company’s bankruptcy filing. He appeared on ...

Party City also said it has between 10,000 and 25,000 creditors. Ahead of the filing, reports began to surface that the company was behind on rent at some locations and running out of cash.

Months after Party City’s decision to shutter all its stores and end a 40-year run in business, a new iteration of the popular party supply store could reemerge. A banner on the Party City ...

Party City will be selling all of its United States store location leases ahead of its nationwide closure. AP Of the retail company’s 850 outlets, a staggering 695 are in the US.

As of mid-January, Party City advertised savings of up to 75% off on its website. With a locally-owned party shop though, Matthews says you won't end up with the same display as everyone else.

Party City, the retail chain that dressed America in scary masks and dramatic capes, is closing hundreds of stores as soon as this week. STEVE INSKEEP, HOST: All right.

On the Sunday after Thanksgiving 2024, six members of Party City’s product development and sourcing teams left New Jersey for their annual trip to mainland China to meet with the company’s ...

Some Santas naturally look like Old Saint Nick, and others have stepped up to fit the part. Hire Santa’s poll found that 52.6% of Santas already had a beard, and 47.4% grew a beard just for the gig.