Party City Stores Closing 2024. September 8, 2023 / 7:26 am edt / cnn. The party’s over for party city in encinitas — the emporium of celebration decor and trinkets is closing.
Last january, the party supply chain filed for chapter 11 bankruptcy in a bid to restructure its debt. Following a january bankruptcy filing, party supply store party city is set to shutter nearly two dozen stores nationwide through a combination of closures and auctions, court filings show.
On Wednesday Received Court Approval To Exit Bankruptcy And Emerge With A Leaner Balance Sheet, Avoiding The Fate Of Retail Peers.
Party city has filed for bankruptcy, with potential plans to close at least 20 stores to help pay back almost $2 billion in debt.
The Store Will Close Its Doors On April 27,.
Bankruptcy judge on wednesday approved party city holdco’s chapter 11 bankruptcy plan, which will cancel about $1 billion in company debt and turn.
Party City Is Closing Dozens Of Stores In 2023 After Filing For Chapter 11 Bankruptcy Protection.
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The Chain Still Has Over 850 Locations Ready To Help With All Your Party Planning Needs.
Party city is closing dozens of stores in 2023 after filing for chapter 11 bankruptcy protection.
The Retailer’s Parent Company, Party City Holdco, Filed For Chapter 11 Protection In January With Much Of The Plan Already Formed.
Party city filed for bankruptcy protection tuesday, weighed down by competition and years of financial losses.