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There’s currently an adult-sized rainbow tutu on sale at Party City for $8.39, marked down from $11.99, and the same product, fitted for young kids, is on sale for $6.99, marked down from $9.99 ...
Party City to close after 40 years, citing financial woes. Employees blindsided by sudden layoffs, no severance, and February 2025 store closures.
Here are the dates of 2025 federal holidays, according to the Office of Personnel Management: Wednesday, Jan. 1: New Year’s Day Monday, Jan. 20: Birthday of Martin Luther King, Jr.
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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.
By the end of 1990, Party City outlets numbered 11; five more franchised stores were added in 1991, 16 in 1992, and another 26 in 1993, bringing the total to 58. Party City was now a nationwide chain with store locations ranging from Hawaii to Puerto Rico. The company's annual revenues in 1993 topped $2.4 million and net profits approached ...
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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 ...