Party City will be auctioning off the leases for ... Of the retail company’s 850 outlets, a staggering 695 are in the US. The remaining 155 stores are spread throughout Canada, Puerto Rico ...
The company was able to cancel $1 billion of its $1.7 billion debt after restructuring and closing 80 outlets, with the bulk of them remaining open. Party City has 21 stores in Michigan ...
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 ...
CENTRAL PENNSYLVANIA (WHTM) — Earlier today, it was announced that nearly 700 Party City store leases will be heading to auction next month. A&G Real Estate Partners, which is a real estate ...
Party City told employees on Friday that it was going out of business, and now the retailer is encouraging customers to take advantage of closing sales. The company, which is winding down its ...
Party City's website reflected news of the closures Saturday morning, acknowledging sales of up to 50% off with the chain's entire inventory on sale. The closures mark the end of the retailers ...
the outlet reported. “Unfortunately, it’s necessary to commence a winddown process immediately,” Litwin reportedly said. Bloomberg reported earlier this month that Party City was exploring a ...
Media outlets reported similarly on the destruction caused by the fires that raced through Southern California. But partisan publications attributed them to very different causes.
New Jersey-based Party City is going out of business after the retailer filed for Chapter 11 bankruptcy. The filing was done in the U.S. Bankruptcy Court for the Southern District of Texas.