Party City filed for bankruptcy for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations. - ThreadSky

cnn.com • 128 days ago

Party City filed for bankruptcy for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations.

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beejaymtl53.bsky.social•128 days ago

Let Elon buy it

japgbigboss.bsky.social•128 days ago

😳😬 out every party mayor Retailer going out of business sad

behvlnd.bsky.social•128 days ago

Overpriced single-use plastic junk that comes from overseas. This isn't a loss.

numb.comfortab.ly•128 days ago

Does you article mention what *really* caused the bankruptcy?

talace.bsky.social•128 days ago

A private equity fund strip the company of assets and loads it full of debt

typomarx.bsky.social•128 days ago

Never even heard of them...

youngpilots.bsky.social•128 days ago

How symbolic, "The party's over." Tell the fat lady to sing, this country is done.

endlessemails.bsky.social•126 days ago

#freeLuigi
r/AntiShooterStory

nationalpizzaparty.bsky.social•128 days ago

Not surprising. Never went into a Party City that had more customers than employees. Probably good for our helium shortage though.

stevese.bsky.social•128 days ago

Private equity - the pestle grinding companies into sludge

carladams.bsky.social•128 days ago

The party is over.

squamishviews.bsky.social•128 days ago

Did Trump own this company? It’s going bankrupt so I just assumed he owned it.

terrencelhayes.bsky.social•128 days ago

Sad to see an end of an era. This store was a go-to for the fam.

fincoot.bsky.social•128 days ago

"About 95% of the company’s...employees will be retained" CNN?reporting the truthfulness of this claim much preferred

"other factors, like its $800 million outstanding debt..." where this debt FROM @auzinea.bsky.social and Jordan Valinsky?
Was it from the buyout?

& welcome to the blue Auzinea.

klopeck2k.bsky.social•128 days ago

Fuck private equity.

danielthesuperfan.bsky.social•128 days ago

the onslaught of news sites that will go with "Partys Over" as the headline.

jdavis77.bsky.social•128 days ago

I thought that party city was perpetually in bankruptcy

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