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North American party supplies retailer Party City has filed for Chapter 11 bankruptcy protection and is set to initiate the wind-down of both its retail and wholesale ventures. The company and ...
The nation’s largest retailer of party supplies has been dogged by lagging sales, putting pressure on the company to pay its rent at some 800 locations. It has at least 80 locations in California.
21, 2024 /PRNewswire/ -- Party City Holdco Inc. ("PCHI" or the "Company") today announced plans to commence a wind down of its retail and wholesale operations and going out of business sales at ...
Party City, which specializes in party supplies and was founded in the mid-1980s, has more than 700 company-owned and franchise store locations across North America, according to its website.
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The company will put its assets up for bidding or, if there's no sale, "initiate store closing sales to liquidate all of the Party City Group Companies’ retail and wholesale inventory and ...
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 ...
In the meantime, Party City said in a statement that its stores, of which there are about 700, will remain open with “going out of business” sales while supplies last. About 95% of the company ...