Party City goes out of business after 40 years, all stores to close 'immediately' — five days before Christmas

The New Jersey-based retailer, which had more than 850 locations globally as of August this year, will shutter all its stores after running out of money to stay in operation,

Young Wall Street bankers snort lines of crushed Adderall pills from their desk to cope with 22-hour workdays: report All Party City corporate employees were sent home on Dec. 10 and security locked the front entrance of company headquarters in Woodcliff Lake, NJ. “We recognize the flow of communication has not been how we typically handle sensitive matters like this,” Litwin said, acknowledging employee frustrations.

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