Popular retail brand files for Chapter 11 bankruptcy
A major provider of party supplies has filed for Chapter 11 bankruptcy seeking to sell its assets.
Source: news-daily.com
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A major provider of party supplies has filed for Chapter 11 bankruptcy seeking to sell its assets.
The one-stop party shop that got its start in the '80s in East Hanover, New Jersey has grown to more than 800 stores. Now the chain is looking to stave off its financial struggles with a $150 million loan.
On the heels of its bankruptcy announcement, many people are wondering if Party City will be closing down its stores here in New York.
On the heels of its bankruptcy announcement, many people are wondering if Party City will be closing down its stores here in New York.