Party City closing all stores
blog.cheapism · 1d
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.
USA Today · 2d
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.
The Business Journals · 2d
Party City to shutter all stores, including more than a dozen in Greater Philadelphia
Party City, which operates more than a dozen locations in Greater Philadelphia and over 850 outposts across the country, is closing all of its stores. Friday was the last day of work for corporate employees, the retail chain's CEO, Barry Litwin, told them in a videoconference call watched by a CNN reporter, which first reported the news.
NJBIZ · 4d
Party City is reportedly going out of business
According to reports, the Woodcliff Lake-based specialty retailer’s CEO, Barry Litwin, spoke with corporate employees during a Dec. 20 meeting, telling them the company is “winding down” operations immediately and that today is “their last day of employment.
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