Party City closing all stores nationwide, at least 80 of them in California
Briefly

from The Mercury News2 months ago
Barry Litwin stated, 'That is without question the most difficult message that I've ever had to deliver,' as the company prepares to close all stores.
The Mercury Newshttps://www.mercurynews.com/2024/12/20/party-city-closing-all-stores-nationwide-at-least-80-of-them-in-california/
The party supply giant's inability to keep pace with sales has led them to make the heart-wrenching decision to shutter operations across 800 locations.
The Mercury Newshttps://www.mercurynews.com/2024/12/20/party-city-closing-all-stores-nationwide-at-least-80-of-them-in-california/
Founded in 1986, Party City faced mounting financial pressure and will not offer severance pay to corporate workers as it ends operations.
The Mercury Newshttps://www.mercurynews.com/2024/12/20/party-city-closing-all-stores-nationwide-at-least-80-of-them-in-california/
Recent news indicates a broader trend of retail struggles, including the upcoming bankruptcy filings from both Big Lots and The Container Store.
The Mercury Newshttps://www.mercurynews.com/2024/12/20/party-city-closing-all-stores-nationwide-at-least-80-of-them-in-california/
Read at The Mercury News
#retail #bankruptcy #party-city #financial-struggles #corporate-closure
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