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On Dec. 21, Party City filed in the U.S. Bankruptcy Court for the Southern District of Texas, after already emerging from a previous bankruptcy in 2023 with about $1 billion less in debt.
Party City to close after 40 years, citing financial woes. Employees blindsided by sudden layoffs, no severance, and February 2025 store closures. Party City is reportedly closing all of its stores
Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. ... Major chains are on track to close the highest number of stores in 2024 than in any year ...
By the end of 1990, Party City outlets numbered 11; five more franchised stores were added in 1991, 16 in 1992, and another 26 in 1993, bringing the total to 58. Party City was now a nationwide chain with store locations ranging from Hawaii to Puerto Rico. The company's annual revenues in 1993 topped $2.4 million and net profits approached ...
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In 2016, Revolution 250, a non-profit group organized to plan commemorative events in Boston surrounding the semiquincentennial, was established. [12] According to the organization, it is a consortium of 56 groups, [13] including the Society of the Cincinnati, the National Park Service, the Boston Tea Party Museum, the New England Historic Genealogical Society, the Suffolk University history ...
Party City first filed for Chapter 11 bankruptcy in January 2023, wiping out nearly $1 billion in debt in an effort to stay afloat. By August, Barry Litwin stepped in as CEO to steer the company ...
The 2024 Zip Buy Now, Pay Later 250 was the 14th stock car race of the 2024 NASCAR Xfinity Series, and the 2nd iteration of the event. The race was held on Saturday, June 8, 2024, in Sonoma, California at Sonoma Raceway, a 1.99 miles (3.20 km) permanent asphalt road course. The race took the scheduled 79 laps to complete.