Report: Party City Closing All Locations Nationwide After Nearly 40 Years in Business

Party City is reportedly closing all of its locations nationwide after being in business for almost 40 years, according to a report from CNN.that Party City CEO Barry Litwin had informed “corporate employees” during a video conference call that the party supply business had “done everything possible” to avoid shutting down, but added that it was “necessary to commence a winddown process immediately.

“It’s really important for you to know that we’ve done everything possible that we could to try to avoid this outcome,” Litwin reportedly said. “Unfortunately, it’s necessary to commence a winddown process immediately.”

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