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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]
A Party City shopping bag in a parking lot outside a store in Daly City, California, US, on Thursday, Dec. 26, 2024.