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The Latest Breaking News from Party City

Formerly bankrupt retail chain makes painful decision, closing stores

The chain reorganized in bankruptcy proceedings and has been attempting a turnaround.

The Street

Bankrupt popular retailer has great news for disappointed fans

The iconic home goods retailer reached an agreement regarding how many stores will close.

The Street

Party City to close its stores as company files for bankruptcy

Party City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide

The Independent UK

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Iconic retail chain closing down all stores, files bankruptcy

The giant retail chain is winding down operations after nearly 40 years in business.

The Street

The party's over: Party City is closing

The party supply chain is closing its stores in February, according to a report

Salon

Party Over: Party City Will Shut Down All Stores Immediately After Shock Announcement

Party City's CEO announced the chain will be closing all of its store immediately in a shocking announcement on Friday.

International Business Times

No Severance or Benefits for Sacked Party City Workers as Company Shuts Down After 40 Years

Party City has announced its closure after nearly 40 years, leaving workers without severance pay or benefits as the company winds down operations.

International Business Times UK

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Party’s over: Popular chain is closing after 40 years and shuttering stores across the US

Party City employs more than 16,000 people across the country

The Independent UK

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

Company went into bankruptcy in January 2023 under $1.7bn in debt, but remaining $800m too much to overcome

The Guardian - US

Party City Will Shut Down All Stores Immediately, CEO Declares in Shock Announcement

Party City's CEO announced the chain will be closing all of its store immediately in a shocking announcement on Friday.

Latin Times

Department store chain closes one of its last remaining stores

Iconic department store chain closes a fourth store location this year.

The Street

Another huge retail chain prepares to file for bankruptcy

The Street

Bellwether Michigan county in the spotlight as parties angle for votes - Roll Call

In Michigan's Saginaw Township, Lillian Bandy is the kind of voter both parties would love to have in their corner. And they each still might.

Roll Call

Another major retail chain may soon file Chapter 11 bankruptcy

A major discount home goods retailer is planning to file Chapter 11 bankruptcy, people with knowledge of the situation say.

The Street

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The Street

Consumer favorite retailer files Chapter 11 bankruptcy

A major provider of party supplies has filed for Chapter 11 bankruptcy seeking to sell its assets.

The Street

In a year when many companies have moved from Chapter 11 reorganization to Chapter 7 liquidation, one company has averted that fate.

The Street

You may not know the company by name, but you know its products which are sold by Amazon, Walmart, and many other major retailers.

The Street

Women's clothing retailer Soft Surroundings files bankruptcy, closes stores

The filing was not expected and the well-loved brand will close all its stores and sell its digital assets.

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The Guardian - US

Yes, bankruptcies are on the rise in the US – but there’s no need to panic

It should come as no surprise that commercial bankruptcy filings are up but the bigger picture tells a different story

The Street

Party City survives bankruptcy, but some locations will close

The retailer has avoided the fate of Bed Bath & Beyond, Christmas Tree Shops, and several other retailers.

The Street

Birchbox makes improbable comeback from bankruptcy

Many thought this company was gone for good, but it's back in full operations

The Street

Bankrupt retailer Party City has a new survival plan

Chapter 11 can quickly become Chapter 7 but some chains have managed to avoid that fate even when the situation appears bleak.

StockNews.com

Buy or Sell: Uber Technologies (UBER)

While ride and food service company Uber Technologies (UBER) has delivered steady returns, it faces a barrage of headwinds. So, let us explore if the stock is a buy or hold this month.

The Street

How Another Retail Giant Escaped Bankruptcy

The big box event-themed retailer is shuttering shops at a rapid clip.

Investors Business Daily

Companies Are Dropping Like Flies (And 10 Are Most At Risk Now)

Bankruptcy is a real and rising risk again — retraining investors to look for warning signs a company is about to collapse. Failing to spot a bankruptcy can be catastrophic.

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