Some franchisee owners of Party City locations plan to keep their stores operating, despite news of the company going out of ...

which was viewed by the outlet. Litwin went on to explain that Party City’s “very best efforts have not been enough to overcome” its financial challenges. He also pointed out that the ...

Party City's website reflected news of the closures Saturday morning, acknowledging sales of up to 50% off with the chain's entire inventory on sale. The closures mark the end of the retailers ...

the outlet reported. “Unfortunately, it’s necessary to commence a winddown process immediately,” Litwin reportedly said. Bloomberg reported earlier this month that Party City was exploring a ...

Party City will be auctioning off the leases for ... Of the retail company’s 850 outlets, a staggering 695 are in the US. The remaining 155 stores are spread throughout Canada, Puerto Rico ...

Party City, which has been in business for nearly ... He also informed them "today will be their last day of employment," the media outlet noted. "That is without question the most difficult ...

And as for keeping the name of Party City, Fram told the outlet they'll stick with it, "at this point.” Party City did not immediately return USA TODAY's request for comment Thursday.