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 ...
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 ...
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Party City is going out of business, files for Chapter 11 bankruptcy
Like many other retailers, Party City marked down prices in September – on more than 2,000 items by an average of 20% – to attract skittish customers and drive sales. “Consumers continue to ...