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On Friday, store staff received letters stating that all stores will officially close by Feb. 28, 2025. Until then, Party City’s roughly 700 locations will remain open for “going out of ...
Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is ...
Now, the go-to shop for everything from cartoon-themed balloons to Super Bowl decor is closing stores. Party City announced Saturday that it would start a “wind down” of its retail and ...
Party City to close after 40 years, citing financial woes. Employees blindsided by sudden layoffs, no severance, and February 2025 store closures.
In December 2024, Party City filed for Chapter 11 bankruptcy, [5] laid off all administrative employees, [6] and announced they would liquidate and close most remaining stores in the United States. [7] Stores not operated by Party City Holdco, such as those in Canada, Puerto Rico, and Hawaii, are unaffected and will continue to operate.
Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [230] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [231] and a month afterward, announced the closure of 22 stores.
Locations in Ottawa, Quebec City, and Winnipeg Holt Renfrew: department: May 2019: 1: Retailer had a downtown Edmonton store since 1950. [18] Hudson's Bay Company: department: May 2020: 1: Closure of a 207-year-old location [2] [19] Lowe's Canada: department December 2023 - [20] Jean Machine: clothing: November 2018: 24: Remaining stores. [21 ...
Editor's note: Some Party City locations have since announced plans to stay open. Read more here. New Jersey-based Party City is going out of business after the retailer filed for Chapter 11 ...