Party City closing all stores after emerging from bankruptcy. How many Texas locations?

Category: Business

Party City is closing all its stores after nearly 40 years due to financial difficulties, including inflation and competition from online retailers. Employees were informed that operations are winding down immediately, with no severance pay or benefits. The company had previously filed for bankruptcy in January 2023 and exited in September 2023 but could not recover from ongoing financial challenges.

Keywords: Party City, bankruptcy, store closures

Source: Austin American-Statesman

Update At: 12/21/2024

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