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 Party City is ...

In a LinkedIn post, he said the company's "main priority is to strengthen our financial health, and there is work ahead of us."Net sales for Party City decreased to $407 million for the three ...

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 Party City is ...

Party City, once among the top names in party-supply retailers, is going out of business, according to an announcement from CEO Barry Litwin that was viewed by CNN.

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 ...

The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed supplies. Michaels, the retailer best known for selling arts and ...

Party City's teenage employees gave the stores a come-as-you-are vibe, with workers goofing around in Halloween outfits and cracking up about ill-prepared shoppers stuffing a dozen balloons into a ...

SELYUKH: Steve Mandell opened the first Party City in New Jersey in 1986 - at first just napkins and cups and other supplies for get-togethers, but costumes became the cash cow.

Party City declared bankruptcy in January 2023 and exited about a month after Litwin joined the company. It closed more than 80 locations from the end of 2022 to August 2024, CNN reported.