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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.
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.
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 ...
Party City Holdco Inc. [2] is an American chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. The company's headquarters are in ...
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 ...
Prestonwood Town Center was a two-level enclosed shopping mall located at the northeast corner of Belt Line Road and Montfort Drive in Dallas, Texas that opened in 1979 and was demolished in 2004. The mall contained a central ice rink .