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The Guardian - US
The Guardian - US
Business
Edward Helmore

Party City shutters after nearly 40 years, firing workers without severance pay

Party City CNN
outside of Party City retail store, with a sign 'halloween it's alive!' in the window
A Party City store in Rockaway, New Jersey, on 6 September 2019. Photograph: Rabbitti/Getty Images

The party is over at Party City, once the largest supplier of balloons and other fun-time supplies in the US, as the company announced Friday it was closing down all of its stores, ending nearly 40 years in business.

Barry Litwin, the Party City CEO, told employees that the chain was “winding down” operations immediately and that today would be their last day of employment.

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