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Party City's headquarters are in Woodcliff Lake, New Jersey. [3] Party City is the largest retailer of party goods in Canada, Puerto Rico, and Mexico. Party City operates over 850 [4] company-owned and franchise outlets in over 70 countries around the world under the Party City, Halloween City, Toy City, Factory Card and Party Outlet brands.
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.
In 2019 a global shortage of helium sharply reduced supply for helium-filled balloons, due to the US rationing helium because of a reduction in supply by 30% stemming from a Saudi-boycott of producer country Qatar, impacting party stores such as Party City, one of the reasons the company cited in closing 45 of its 870 stores. [6] [7]
Party America is a chain of stores that sell supplies for parties such as balloons, party favors, cards, seasonal items (e.g. fog machines for Halloween). [1]There are 144 total Party America stores (not counting Paper Warehouse, the party store chain Party America owns) and they are located in 46 states (counting Paper Warehouse stores).
(WJET/WFXP) — Party City is reportedly considering a second bankruptcy filing in two years, and this time a sale may also be under consideration. According to the Bloomberg report, which cited ...
Balloonfest '86 was a fundraising event in Cleveland, Ohio, United States, held on September 27, 1986, in which the local chapter of United Way set a world record by releasing almost 1.5 million balloons. [2]