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Party City Holdco Inc. [2] is an American chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. ... Official US website;
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, which specializes in party supplies and was founded in the mid-1980s, has more than 700 company-owned and franchise store locations across North America, according to its website. It ...
Party City, once among the top names in party-supply retailers, is going out of business, according to an announcement from CEO Barry Litwin that was viewed by CNN.
Interior of a party store. Specialist stores selling supplies for parties began developing in the late 1970s in the United States and rapidly expanded into the 1990s. [1] They can offer a wide variety of products, and will often stock seasonal items for holidays—such as Christmas or New Year. [2] Commonly stocked merchandise may include: [3] [4]
Party City's "very best efforts have not been enough to overcome" its financial challenges, Litwin said, according to CNN. Signs outside Party City at 2010 S.W. Westport Drive in Topeka on Sept ...