Party City to Shut Down All of Its Stores After Nearly 40 Years: 'We’ve Done Everything Possible,' Says CEO
CEO Barry Litwin told employees that operations would be "winding down" immediately, according to a CNN report
Party City is going out of business, files for Chapter 11 bankruptcy
Party City, known for its party supplies and seasonal Halloween City popup stores, has filed for bankruptcy and is going out of business.
The Container Store files for Chapter 11 bankruptcy
Company leaders say the chain's 100-plus locations – including one at Kenwood Collection – will remain open during the restructuring.
Turn out the lights, the Party City is over — chain to close all stores
INDIANAPOLIS (WISH) — Party City is closing all of its stores nationwide after 40 years in business. This includes all locations in Indiana. According to CNN, CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be their last day of employment.
Party City declares bankruptcy, closing 700 stores, including 18 in Va.
Listen to this article Party City filed for bankruptcy Saturday and said it would “commence a wind down of its retail and wholesale operations and going out of business sales at its approximately 700 stores nationwide,
Party City files for bankruptcy
Party City filed for bankruptcy Saturday for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations. The nation’s largest party supply chain said in a statement that filing for Chapter 11 bankruptcy would “maximize value” for its stakeholders and
Party City and Big Lots in Midland to close as parent companies wind down
Two Midland stores, located in the North Park Shopping Center, will be closing in the new year as their parent companies cease operations. Party City at 4612 Billingsley Blvd. is among the nearly 700 stores Party City Holdco Inc.
Party City is the latest big-box retailer closing all stores
The closure will leave millions of square feet of retail space vacant across the country, including 756,000 square feet in Texas.
Party City is closing all stores, including 3 in the Upstate SC
Why is Party City closing? After initially filing in January 2023, the company exited bankruptcy a month after new CEO Barry Litwin's arrival, now about four months ago, CNN repor
Party City is Closing 700 Stores as It Files for Bankruptcy
Party City is ceasing business after nearly 40 years. The retail chain, which has been a favorite go-to destination for everything from Batman-themed birthday parties to New Year’s Eve glitter bombs,
syracuse.com5h
2 national retailers closing all stores, having going-out-of-business sales
Party City CEO Barry Litwin reportedly fired corporate employees immediately on Friday, with the rest of the business’ operations “winding down” in the coming weeks. Approximately 700 Party City ...
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 ...
Courier-Post (Cherry Hill, NJ) on MSN5h
Party City is closing. Info on sales, South Jersey locations and more.
The company will also put its assets up for bidding or, if there's no sale, "initiate store closing sales to liquidate all of ...
Optimistic year for future of Enfield Square mall, but not for some current tenants
While a developer proposes a $250 million revitalization plan for Enfield Square mall, uncertainty about the future of ...
Orange County Register5d
Party City closing all stores immediately, including at least 80 in California
Also see: Big Lots going out of business, offering final sales “That is without question the most difficult message that I’ve ever had to deliver,” Barry Litwin said at the meeting ...
Las Vegas Review-Journal on MSN2d
Party City starts liquidation sales
After CEO Barry Litwin announced on Dec. 20 that the company was going out of business, the party supplies retailer ...
Party City CEO’s ‘Winding Down’ Announcement Shocks Employees
Party City announced that it would be closing all of its stores in a shock announcement CEO Barry Litwin delivered to ...