The party is over at Party City. The retailer, which emerged from bankruptcy last year, has filed for Chapter 11 again. Party City Holdings Inc., based in New Jersey, filed for bankruptcy early Saturday in U.S. Bankruptcy Court for the Southern District of Texas. The company plans to “wind down its business and liquidate its… Read more »
This Halloween season brings retail twists as chains nationwide aim to boost sales of costumes and spooky items. Party City, emerging from bankruptcy about a year ago, is gearing up to compete with Spirit Halloween’s extensive network of over 1,500 pop-up stores. It also faces competition from discounters like Walmart, Target, and Big Lots, e-commerce… Read more »
