Woodcliff Lake-based Party City is mulling plans to declare its second bankruptcy in two years, Bloomberg News ...
The party may be winding down. Party City is planning to file for its second bankruptcy in nearly two years as the company’s sales figures continue to struggle, according to a report.
Party City had cut almost $1 billion in debt and slimmed down to about 800 stores nationwide when it exited its first bankruptcy in October 2023. But it wasn’t enough.
Closing sales began Dec. 20 at the Woodcliff Lake-based retailer’s more than 750 stores and will continue over the next several weeks.
(WJET/WFXP) — Early Saturday morning, Party City officially filed for Chapter 11 bankruptcy and confirmed the closure ...
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