On the Sunday after Thanksgiving 2024, six members of Party City’s product development and sourcing teams left New Jersey for ...

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Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told ...

Party City is going out of business and closing all of its stores. Party City has been in business for close to 40 years since first opening in 1986. Currently, there are more than 700 Party City ...

The announcement was made to corporate employees Friday, who were told it was also their last day of work, according to CNN.

Party City did not respond to CNN’s request for comment. The New Jersey-based company faced inflationary pressures on product costs, which reduced consumer spending, according to CEO Barry Litwin.

In a Friday meeting viewed by CNN, Party City CEO Barry Litwin told employees that the company is "winding down" operations immediately.

In a Friday meeting viewed by CNN, Party City CEO Barry Litwin told employees that the company is "winding down" operations immediately.

When the ball drops in New York City’s Times Square to herald the start of 2025, it’ll actually be late to the party as ...

There are nearly 50 Party City stores in New York, including locations in Manhattan, Staten Island, the Bronx and Brooklyn.

Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is ...