Party City Files for Bankruptcy
This is a Party City news story, published by Yahoo Finance, that relates primarily to Retailer news.
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bankruptcyUSA Today
•Party City is going out of business, files for Chapter 11 bankruptcy
80% Informative
Party City filed for Chapter 11 bankruptcy early Saturday in U.S. Bankruptcy Court for Southern District of Texas .
Retailer emerged from previous bankruptcy in January 2023 and emerged from process in October 2023 with $1 billion less in debt.
CEO Barry Litwin told corporate employees Friday that Party City is "winding down" operations immediately.
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