Why is Party City closing? Over 800 stores in 46 states going out of business
Party City’s downfall didn’t happen overnight. It first declared bankruptcy in January 2023, citing a debt load of $1.7 billion. The company’s attempt to restructure - which included closing more than 80 stores - helped cancel nearly $1 billion in debt.
Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United ...
holiday decorations and Halloween costumes. Halloween was known to be the retailer's most-important season. NBC New York has reached out to Party City for comment. The retailer has not posted ...
Laredo Morning Times on MSN1d
Laredo's Party City to liquidate with sales after CEO announces shutdownParty City's Laredo store closes after 24 years, joining 700-plus North American closures; liquidation sales continue until ...
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