The party’s over for Party City. The New Jersey-based retailer, which had more than 850 locations globally as of August this year, will shutter all its stores after running out of money to stay ...

CEO Barry Litwin told employees that operations would be "winding down" immediately, according to a CNN report Getty Party City will be closing all of its stores, ending nearly 40 years in ...

Party City has over 700 stores across North American and has been in business for nearly 40 years. CEO Barry Litwin told corporate employees on Friday that Party City would be "winding down ...

Sean Thompson, the company’s then-president and chief commercial officer, was named interim CEO. Party City named several risks to its business in a filing with the Securities and Exchange ...

The party is coming to an end at Party City. The retailer, which emerged from a previous bankruptcy last year, has again filed for Chapter 11 bankruptcy. The New Jersey-based company filed early ...

Editor's note: Some Party City locations have since announced plans to stay open. Read more here. New Jersey-based Party City is going out of business after the retailer filed for Chapter 11 ...

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 ...