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Popular retail chain Party City filed for bankruptcy protection Saturday, a day after it disclosed to employees that it would be implementing mass layoffs at its New Jersey headquarters.

The party is over for a US retailer that for decades bedazzled birthdays, anniversaries, baby showers and weddings. Party City Holdco’s chief executive told corporate employees on Friday that ...

The party is coming to an end at Party City. The retailer, which emerged from a previous bankruptcy last year, has again filed for Chapter 11 bankruptcy. The New Jersey-based company filed early ...

Party City filed for bankruptcy Saturday for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations.

Party City has over 700 stores across North American and has been in business for nearly 40 years. CEO Barry Litwin told corporate employees on Friday that Party City would be "winding down ...

New York -- Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that ...

Dec. 20 (UPI) --The CEO of retailer Party City, which operates more than 700 company-owned and franchise stores across North America, says the company is going out of business, CNN reported Friday ...

After nearly four decades of supplying celebrations, the confetti has finally settled for Party City. The company announced this week that it will box up its stores for good, according to CNN.