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

Party City CEO Barry Litwin announced in a meeting viewed by CNN that the iconic party supplier is going out of business — done, finished. All Party City stores are set to close, with some ...

After emerging from Chapter 11 bankruptcy last April, the crafts and fabric supplier Joann has filed for bankruptcy again ...

CEO Barry Litwin announced the immediate wind-down of operations, leaving thousands of employees jobless. The company, emerging from bankruptcy earlier this year, struggled with substantial debt ...

It also named a new CEO, Barry Litwin, who joined the company in August 2024. But the retailer evidently didn't emerge on solid enough financial footing. Bloomberg recently reported the company ...

CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be their last day of employment.

Party City joins a growing list of retailer bankruptcies this year as customers cut back on discretionary spending amid the ...

Party City is closing all of its stores in Arizona and across the United States. Here's where the locations are and why the company is shuttering.

During a video conference call that CNN was on, CEO Barry Litwin also told corporate employees that Friday, Dec. 20, would be their last day of employment. Corporate staff members were told they ...

CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be their last day of employment.