Party City to close all US stores amid bankruptcy proceedings
Party City will close all of its locations in the US due to ongoing bankruptcy proceedings. Employees were told by the CEO that closures would differ depending on the location, with some staying open until February 2025. The retail chain's decades-long presence in the market came to an end when the precise shutdown dates were not made public, as quoted in a report by Times Now.
After 40 years in the US market, the retail chain Party City is scheduled to close all of its locations due to the ongoing bankruptcy.
According to reports, the CEO of the retail chain informed corporate staff on Friday that all of the chain's locations would close. Nevertheless, the precise dates of the stores' closure have not been disclosed.
Some stores will remain open until February 2025, while others will shut down on different dates. Since there was no set schedule for the store closures, news organisations reached out to different Party City locations to enquire about the closing dates.
According to the US Sun, Party City's Paramus location in New Jersey will remain open for business until late February or early March 2025.
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