On Dec. 20, Party City CEO Barry Litwin informed corporate employees via video conference that the company was closing and that the day would be their last day of work. The employees were also ...

Party City’s struggles are not new. According to KRON-TV, the company announced in 2019 that it was closing 45 underperforming stores nationwide. Just over a year ago, the company emerged ...

In December, the sad news broke that Party City will be closing all stores. At first, it appeared that the party retailer would shut down immediately, as corporate staff got laid off at the end of ...

The party is over for Party City as the retail giant announced Friday it was going out of business and closing all its stores after nearly 40 years. Employees of the New Jersey-based party chain ...

NEW YORK — Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that ...