Grab your balloons and streamers while you can because Party City is officially shutting down. The once-mighty party supply chain announced it's closing all of its stores after nearly four decades in ...

Additionally, a helium shortage – the backbone of its balloon business – deflated one of Party City’s key revenue streams. The covid-19 pandemic years exacerbated these challenges.

Party City is closing down all of ... to contend with rising costs during the pandemic and a helium shortage, which hurt its crucial balloon business.The chain joins a growing list of retailer ...

Booming business on e-commerce sites and big-box retailers has also been making it hard for chains such as Party City, which ...