Party City Files for Bankruptcy, to Shut Down 700 Stores

This is the second time Party City has declared bankruptcy in the last two years.

Topics

Party City files for bankruptcy, a day after announcing mass layoffs

Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
CBS News - 7h
Party City Stores to Close by February, Company Says

In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores.
The New York Times - 9h
Party City to close all of its stores, report says

Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.
CNBC - 1d
SeaQuest, Interactive Aquarium Where Many Animals Died, Files for Bankruptcy

After the chief executive stepped down, the company acknowledged that “mistakes were made.”
The New York Times - 2d
Party City to close all of its stores, report says

Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.
NBC News - 1d
What happens if the US government shuts down?

More congressional chaos has sparked fears of another federal funding crisis
Financial Times - 1d
GM to Shut Down Its Cruise Robotaxi Project

The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
The New York Times - Dec. 11
XDefiant Shuts Down In June 2025, Ubisoft Closes Two Offices

Ubisoft has announced that XDefiant will shut down on June 3, 2025. Additionally, Ubisoft is closing down its office in Osaka, Japan, as well as San Francisco.. Ubisoft explained that starting ...
GameSpot - Dec. 3
Stephen King to Shut Down His 3 Radio Stations in Maine

The author, who owns the small independent stations in Bangor, said that the decision was prompted by a desire to get his business affairs in order.
The New York Times - Dec. 3