The party may be winding down. PartyCity 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.
PartyCity 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.
"PartyCity didn't immediately respond to CNN's request for comment.Bankruptcy and collapseThe chain is the largest party supply store in the United States and recently exited bankruptcy in ...