One of the final stages of Party City’s Chapter 11 bankruptcy is now complete — the retailer’s intellectual property (IP) and wholesale operations have been sold to an affiliate of Ad Populum, a ...

If you walk into a typical Party City store today, you’ll find anything but a party atmosphere—and it’s easy to see why the retailer is going out of business. Recent visitors to the location on ...

After acquiring Party City for a reported $20 million earlier this year as part of a bankruptcy auction, the specialty retailer’s new owners are focused on making it “easier, faster and more fun than ...

Mitch Modell, the former CEO of the famed New York sporting goods chain that went belly-up four years ago, wants to buy bankrupt retailers Party City and Big Lots. Modell — whose family-run company ...

Party City will be auctioning off the leases for all of its 695 stores in the US ahead of the retail company’s nationwide closure. In late December, the party store mainstay announced that it would be ...

Party City is winding down its era with a “Everything Must Go” sale that will continue until all inventory is cleared out. Party City recently sent out an email announcing the massive markdowns at ...

Baltimore-area Party City store leases are headed to auction next month as the troubled, 40-year-old retailer shuts down. The Woodcliff Lake, New Jersey,-based party supply chain filed for Chapter 11 ...

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 ...

Party City — the purveyor of Halloween costumes, party supplies and balloons — is going out of business. The chain is expected to shutter in February. Do you have a fun or meaningful memory related to ...

Retail bankruptcies and store closures have surged in recent years, leaving many shoppers without their favorite stores The past few years have dealt the retail industry a staggering blow. The Covid ...

Two years after it declared bankruptcy, Party City store locations across the country will close on Friday. The company’s website let visitors know that stores are closing with items on sale for up to ...