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The party might not be over for everyone at Party City, as some franchisee locations across the U.S. are expected to remain open. Nearly 900 locations were in operation when the sudden news broke ...
Party City History. Founded in 1986, the New Jersey-based retailer grew to become the largest party supply store in the United States. By 2021, the company employed approximately 6,400 full-time ...
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 ...
Party City exited bankruptcy on Wednesday after a US judge signed off on the retailer’s reorganization plans. While some of Party City’s about 800 US stores will close due to the bankruptcy ...
By 1990, Mandell also owned four Party City stores. At this point he incorporated the business as a franchising operation, with his stores forming the core of the chain. 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 to close after 40 years, citing financial woes. Employees blindsided by sudden layoffs, no severance, and February 2025 store closures. Party City is reportedly closing all of its stores