Party City Is Preparing to Declare Bankruptcy Within Weeks, New Report Says

No matter what type of get-together you’re planning, Party City is often an essential resource for getting all the items on your to-do list. The company currently operates more than 850 stores across the U.S., supplying everything from plates and balloons to costumes and streamers. But the post-pandemic business landscape has not been kind to retailers of all sizes, as many companies struggle to stay afloat. And now, it appears that Party City is preparing to file for bankruptcy within weeks, according to a report. Read on to see what this could mean for the future of the celebration supply outlet.


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