LOS ANGELES (AP) — For nearly 40 years, customers flocked to Party City for Halloween costumes, favors for children’s birthday parties and decorations for New Year’s Eve celebrations. Now, the go-to shop for everything from cartoon-themed balloons to Super Bowl decor is closing stores. Read more...

The Columbian

Vancouver

Clark County

Washington

United States

Party City to close all stores as company files for bankruptcy

Party City filed for Chapter 11 bankruptcy Saturday, with the company closing all of its stores nationwide. See the full list here.

Ad Fontes Media

All Sides

Media Bias/Fact Check

USA Today

Gannett

Party City is going out of business nationwide: See full list of store closures

Party City is closing stores after nearly four decades of business.
The company announced on Dec. 21 that it would start a “wind down” of its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide. The company has also filed for Chapter 11 bankruptcy protection for the second time in less than two years “to maximize value for the benefit of the company’s stakeholders.”
“The decision was made following exhaustive e…

The Epoch Times

Epoch Media Group

New York

Party City Going Out of Business After Nearly 40 Years

The party supplies retailer announced big markdowns after announcing they are going out of business.

Party City starts liquidation sales

Las Vegas Review-Journal

Las Vegas

Nevada

The party is over for an American retailer who for decades decorated birthdays, anniversaries, baby showers and weddings. Party City Holdco’s executive director told corporate employees on Friday that the company is closing all its stores, according to a CNN report. The country’s largest retailer of party supplies has been struggling with low sales, which has pressured the company to pay for the rental of some 800 locations. It has at least 80 i…

La fiesta ha terminado para un minorista estadounidense que durante décadas adornó cumpleaños, aniversarios, baby showers y bodas. El director ejecutivo de Party City Holdco les dijo a los empleados corporativos el viernes que la compañía está cerrando todas sus tiendas, según un informe de CNN. El minorista más grande de suministros para fiestas del país ha estado luchando con ventas bajas, lo que ha presionado a la empresa para que pague el al…

Party City cierra todas sus tiendas de inmediato, incluidas al menos 80 en California

San Diego Union Tribune

Patrick Soon-Shiong

San Diego

San Diego County

California

Party City closes all its stores immediately, including at least 80 in California

The trouble surfaced when an appraisal significantly reduced the value of key asset categories supporting company borrowings.

Fortune

Chatchaval Jiaravanon

Party City closing spurred by sudden drop in inventory value

A Party City store is seen in Orchard Park, N.Y., on Dec. 22, 2024. (Photo by Gene J. Puskar/Associated Press) For nearly 40 years, customers flocked to Party City for Halloween costumes, favors for children’s birthday parties and decorations for New Year’s Eve celebrations. Now, the go-to shop for everything from cartoon-themed balloons to Super Bowl decor is closing stores. Party City announced Saturday it would start a “wind down” of its reta…

Times of San Diego

Party City to Close its Stores as Company Files for Bankruptcy

LOS ANGELES: For nearly 40 years, customers have been flocking to Party City stores to buy Halloween costumes, gifts for children's birthday parties, and decorations for New Year's celebrations. Now, the company, whose stores were the preferred destination for buying everything from cartoon-themed balloons to Super Bowl decorations, is closing its stores. Yesterday, Party City announced [...]

لوس أنجلوس:   لمدة تقارب 40 عاما، كان العملاء يتوافدون على متاجر شركة بارتي سيتي لشراء أزياء الهالوين، والهدايا لحفلات أعياد ميلاد الأطفال، والديكورات لاحتفالات رأس السنة. والآن، فإن الشركة، التي كانت متاجرها الوجهة المفضلة لشراء كل شيء، بدءا من البالونات ذات الطابع الكرتوني إلى ديكورات سوبر بول، بصدد إغلاق متاجرها. وأعلنت شركة بارتي سيتي، أمس […]

شركة “بارتي سيتي” بصدد إغلاق متاجرها بعد إعلان إفلاسها

القدس العربي

“Party City” is in the process of closing its stores after declaring bankruptcy

Party City has started liquidation sales at its stores in Highland, Hobart, Valparaiso and Calumet City, making down merchandise by as much as 50%.

The Times of Northwest Indiana

Lee Enterprises

Cherokee County

Georgia

Party City starts liquidation sales in Highland, Hobart, Valpo and Cal City

PARTY City filed for bankruptcy just 24 hours after announcing the closure of all stores. It comes just a year after the business exited bankruptcy in September last year. GettyParty City has filed for bankruptcy for the second time in two years as it announces closures (stock)[/caption]
The party ware retailer will be launching huge closing down sales until February (stock)Getty During this restructuring, almost $1 billion of debt was removed, …

Party City to close all stores as company files for bankruptcy

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