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.
Is Party City store in Louisville closing? Company files for Chapter 11 bankruptcy
Party City, which operated about 750 stores, had filed for Chapter 11 bankruptcy in January 2023 and emerged from the process in October 2023 with $1 billion less in debt. It also named a new CEO, Barry Litwin, who joined the company in August 2024.
Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told ...
Competition in the party goods and costume space has grown in recent years, including Spirit Halloween’s continued ...
The Southern Maryland Chronicle on MSN1d
Party City to Shut Down, Liquidate All Stores by FebruaryParty City is officially shutting down operations, with corporate staff employment ending immediately and store closures ...
Las Vegas Review-Journal on MSN1d
Party City starts liquidation salesParty City’s going out of business sales have started at over 600 locations nationwide, including five in the Las Vegas ...
The announcement was made to corporate employees Friday, who were told it was also their last day of work, according to CNN.
The one-stop shop for party essentials is shutting down stores across the U.S., including these in North Carolina.
Party City, which operates more than a dozen locations in Greater Philadelphia and over 850 outposts across the country, is ...
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