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Party City Closes Its Doors, Ending a 40-Year Run

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Photo by Lidya Nada on Unsplash
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Party City, a leading retailer in party supplies, has announced the closure of all its stores after nearly four decades of business. The move follows prolonged financial challenges, including mounting debt and competition from e-commerce giants and big-box retailers. Party City CEO Barry Litwin broke the news to corporate employees during a virtual meeting, emphasizing […]

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