First Big Lots. Now Party City is closing all of its stores, report says

Category: Business

Party City is winding down operations immediately, with all employees terminated as of Friday. The chain, which has over 850 stores, filed for bankruptcy in January 2023 and struggled with over $800 million in debt despite attempts to restructure. The company has closed more than 80 locations and is now ceasing operations entirely.

Keywords: Party City, bankruptcy, retail closures

Source: The Florida Times-Union

Update At: 12/21/2024

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