Party City announced it would close more than 700 stores. Here's why two Austin locations will remain in business.

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 ...

Several major retailers are holding massive sales as they prepare to shutter all or many of their store locations. Here's ...

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.

Party City, the party supply retailer, is closing most of its stores, including 44 in Florida, due to financial struggles. The closures come after two unsuccessful bankruptcy proceedings and ...