Party City is closing all stores. Here they are in Wisconsin.

According to CNN, Party City is closing all of its stores across the country.

In a virtual meeting on Friday seen by CNN, Party City CEO Barry Litwin told company employees that the company was immediately “ceasing operations” and that Friday would be their last day of work.

CNN reports that employees were told they would not receive severance pay and that their benefits would end if the company went out of business.

Litwin said the company has struggled with inflation, which has driven up the company’s costs and reduced consumer spending.

Party City filed for bankruptcy in January 2023. This bankruptcy was accompanied by a restructuring that led to store closures. Although the company emerged from bankruptcy in September 2023, CNN reported that it was unable to overcome its financial challenges.

According to the company website, Party City has 850 stores across the United States and is the largest party retailer in North America.

Which Party City locations in Wisconsin will be closing?

According to the company’s online store locator, Party City has 11 locations in Wisconsin:

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Party City is closing all stores. Here they are in Wisconsin.

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