Editor's note: Some Party City locations have since announced plans to stay open. Read more here. New Jersey-based Party City is going out of business after the retailer filed for Chapter 11 ...

In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores. By Aimee Ortiz Melina Delkic and Hank Sanders Party City, the party ...

Party City has over 700 stores across North American and has been in business for nearly 40 years. CEO Barry Litwin told corporate employees on Friday that Party City would be "winding down" ...

The once go-to-destination for all things celebrations is throwing its last bash. After nearly 40 years in business, Party City announced Saturday that it has begun a "wind down" of its retail and ...

More than a year after exiting bankruptcy, party supply retailer Party City told CNN on Friday, Dec. 20 that it will be closing all of its stores. CNN and Axios reported that store managers were told ...

Just as the holiday season was getting into full swing, Party City announced in a news release sent Dec. 21 it is going out of business and will “wind down” operations after nearly 40 years in ...