The Party’s Over For Party City
HuffPost
Sad confetti.
Party poopers, it’s your time.
Party City, the largest retailer of party goods in North America, is “winding down” operations immediately, according to CNN.
CEO Barry Litwin delivered the news to corporate employees on a conference call Friday, informing them it would be their last day of employment.
Party City didn’t immediately respond to a request for comment from HuffPost.
The iconic party-supply retailer filed for Chapter 11 bankruptcy in 2023. Reuters reported at the time that the company had effectively run out of cash and was behind on rent at several locations.
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