Party City to close its stores as company files for bankruptcy

Read full article: 21-year-old man last seen in Beachwalk area of CR 210 in St. Johns County was found safeFormer Palatka interim city manager accused of concealing business ties in land dealGet ready for Insider Deals that offer great savings on gift ideas, home essentials and hair care products.FILE - This is the sign on the front of a Party City store in Orchard Park, NY., on Dec. 22, 2024.

Party City filed for Chapter 11 bankruptcy protection in January 2023. That move allowed for a restructuring that eliminated nearly $1 billion in debt. But “macroeconomic headwinds more recently proved too severe” to overcome, the company said.

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Party is over for 'Party City' which is reportedly going out of businessThe party is over at Party City, according to CNN, which reported on Friday that the party supplies retailer plans to shutter its more than 700 stores nationwide at the end of February. More than a dozen of the company's stores are located in the Bay Area.
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Party City to close its stores as company files for bankruptcyParty City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide.
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