Party City to Shut Down All of Its Stores After Nearly 40 Years: 'We’ve Done Everything Possible,' Says CEO
CEO Barry Litwin told employees that operations would be "winding down" immediately, according to a CNN report
Party City to shutter all stores, including more than a dozen in Greater Philadelphia
Party City, which operates more than a dozen locations in Greater Philadelphia and over 850 outposts across the country, is closing all of its stores. Friday was the last day of work for corporate employees, the retail chain's CEO, Barry Litwin, told them in a videoconference call watched by a CNN reporter, which first reported the news.
Turn out the lights, the Party City is over — chain to close all stores
INDIANAPOLIS (WISH) — Party City is closing all of its stores nationwide after 40 years in business. This includes all locations in Indiana. According to CNN, CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be their last day of employment.
Laredo's Party City to liquidate with sales after CEO announces shutdown
Party City's Laredo store closes after 24 years, joining 700-plus North American closures; liquidation sales continue until February.
Party City CEO announces chain is halting operations, all employees laid off
The CEO of retailer Party City, which operates more than 700 company-owned and franchise stores across North America, says the company is going out of business, CNN reported Friday,
Party City CEO’s ‘Winding Down’ Announcement Shocks Employees
Party City announced that it would be closing all of its stores in a shock announcement CEO Barry Litwin delivered to employees Friday. “That is without question the most difficult message that I’ve ever had to deliver,
Party City Goes Out of Business After Nearly 40 Years
On Friday, store staff received letters stating that all stores will officially close by Feb. 28, 2025. Until then, Party ...
Party City is closing all stores, including 3 in the Upstate SC
Why is Party City closing? After initially filing in January 2023, the company exited bankruptcy a month after new CEO Barry ...
Las Vegas Review-Journal on MSN1d
Party City starts liquidation sales
After CEO Barry Litwin announced on Dec. 20 that the company was going out of business, the party supplies retailer ...
Optimistic year for future of Enfield Square mall, but not for some current tenants
While a developer proposes a $250 million revitalization plan for Enfield Square mall, uncertainty about the future of ...
NBC New York5d
Party City is closing its stores and going out of business, report says
Company CEO Barry Litwin told corporates employees in a meeting Friday the company is "winding down" operations and and today was their last day working there, CNN reported. The retailer had more ...
Virginia Business2d
Party City declares bankruptcy, closing 700 stores, including 18 in Va.
Listen to this article Party City filed for bankruptcy Saturday and said it would “commence a wind down of its retail and wholesale operations and going out of business sales at its approximately 700 ...
Black Star News3d
Why Party City Stores Are Closing: Financial Struggles Explained
Party City stores to close after years of financial challenges. Explore CEO Barry Litwin's announcement, employee reactions, and the competition's impact on small chains.
The Container Store Joins Growing List of Major Retailers Filing for Bankruptcy
The Container Store, which specializes in organizational and storage-related products, has filed for Chapter 11 bankruptcy protection as customers increasingly cut back on discretionary spending.