The COVID-19 pandemic accelerated shifts in consumer spending habits, and many legacy retailers have faced similar fates, including Bed Bath & Beyond and Sears. Party City is expected to announce ...
Though in the short term Party City managed to avoid the same fate as Bed Bath & Beyond and 99 Cents Only Stores, it still had more than $800 million in debt to overcome, which strained earnings ...
That plan included the canceling of nearly $1 billion in debt, the dissolution of its stock and a majority of its 800 US stores staying open.Though in the short term Party City managed to avoid the ...
As retailers across the nation shut their doors, Vermont also felt the impact in 2023 with the closure of familiar chains ...
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 ...