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The gold balloon hoop metal frame would bring an elegant flair to any party, including a wedding, if you’re going the balloon route. At Party City, it’s on sale for $45, marked down from $60.
Nearly 900 locations were in operation when the sudden news broke that Party City was going out of business. On Dec. 21, Party City filed in the U.S. Bankruptcy Court for the Southern District of ...
Facade of a Party City store in The Woodlands, Texas. Party City was founded by Steve Mandell in 1986. Mandell recognized that the market for party goods was highly fragmented with a lot of small mom-and-pop operations and noticed that a large number of retailers carried limited supplies. Additionally, he saw that many big players were trying ...
Party City to close after 40 years, citing financial woes. Employees blindsided by sudden layoffs, no severance, and February 2025 store closures.
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]
Robert Hall – clothing store that existed from 1938 to 1977. At its peak, the store had locations in both New York City and Los Angeles. In addition, the firm invented the big box concept where all non-clothing lines were leased by other retailers. [citation needed]