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Party City Closes After 40 Years, Liquidation Discounts Up to 75%

1/13/2025

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Summary

Story summary

After nearly four decades of bringing joy to celebrations, Party City is shutting its doors for good. The New Jersey-based retailer is currently offering massive discounts of up to 75% as it liquidates its inventory. CEO Barry Litwin revealed that bankruptcy and dwindling customer spending forced this heartbreaking decision, with the final day for employees marked for December 20, 2024.

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Story summary

After nearly four decades of bringing joy to celebrations, Party City is shutting its doors for good. The New Jersey-based retailer is currently offering massive discounts of up to 75% as it liquidates its inventory. CEO Barry Litwin revealed that bankruptcy and dwindling customer spending forced this heartbreaking decision, with the final day for employees marked for December 20, 2024.