Beloved retail chain closing hundreds of its remaining stores days before Christmas The largest party supply retail chain in the US is closing all of its remaining stores ‘immediately’ – five days before Christmas.
Party City Closing, Racine, Wisconsin, USA - 20 Dec 2024] The New Jersey-based corporation declared bankruptcy in January 2023 after struggling to pay off a $1.7billion debt.
Party City Going Out of Business, New York, United States - 20 Dec 2024] Litwin told the workers that their last day of employment was today.
Party City, which has more than 700 stores and franchises across North America, is ‘winding down’ operations, its CEO Barry Litwin told employees in a meeting today, according to CNN.
Party City announced plans to close all of its stores effective immediately after nearly 40 years in business.
