'We've done everything possible,' Party City CEO breaks down as he announces shut down

Party City, the nearly 40-year-old party supplies retailer, is closing all its stores by February 28, 2025. CEO Barry Litwin announced the immediate wind-down of operations, leaving thousands of employees jobless. The company, emerging from bankruptcy earlier this year, struggled with substantial debt despite previous restructuring efforts and store closures.

from World News Today, Trending World News, Latest International News, World Breaking News - Times of India https://ift.tt/rg8HLIP

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