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 ...

Months after the popular party and balloon supplier Party City closed hundreds of stores across the country as part of a "winding down" of operations, the brand's new owner says the company will be ...

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 ...

A major party supply chain is hosting a big 80% off sale to empty its inventory before it shuts down all its stores. Party City recently sent out an email announcing the massive markdowns at brick-and ...

When Party City CEO Barry Litwin notified corporate employees in a Dec. 20 video conference call that the company was closing all of its stores, and that it was their final day of employment, Rob Fox, ...