Woodcliff Lake-based Party City is mulling plans to declare its second bankruptcy in two years, Bloomberg News reported this week, citing unnamed sources.

Party City is reportedly considering a second bankruptcy filing in two years, and this time a sale may also be under ...

Party City has faced growing competition from powerhouse retailers such as Walmart and Target, and increasingly ...

The chain was able to avoid liquidation and shave off $1 billion in debt by closing 60 locations across several states, ...

According to Bloomberg, the Woodcliff Lake-based retailer is behind on rent at some locations and running out of cash for operations.