Other employees learned that store managers were informed that all Party City locations would be shuttered on Feb. 1, according to CNN. Employees were furious since corporate executives did not ...

The expansion comes after Party City filed for bankruptcy last year and closed its 700 US stores in late February. The 40-year-old chain was the largest party supply store in the nation. Its exit has ...

The arts and crafts retailer had competed with Party City and fabric store Joann, and the near-total demise of these companies created opportunity for a rival like Michaels Cos. Inc. to fill the void.

Two discount retail giants have emerged as the top bidders for soon-to-be shuttered Party City locations. According to multiple reports Dollar Tree and Five Below have bidded on a number of leases ...