One of the final stages of Party City’s Chapter 11 bankruptcy is now complete — the retailer’s intellectual property (IP) and wholesale operations have been sold to an affiliate of Ad Populum, a ...
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From billions to bankruptcy: How the party died for Party City, and why other retailers could face the same fate
If you walk into a typical Party City store today, you’ll find anything but a party atmosphere—and it’s easy to see why the retailer is going out of business. Recent visitors to the location on ...
Retail bankruptcies and store closures have surged in recent years, leaving many shoppers without their favorite stores The past few years have dealt the retail industry a staggering blow. The Covid ...
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