MULTI-TOWN SCOOP: Party City to close all stores -CNN Report

​Party City will be winding down operations including all of its US stores including the 12 Connecticut locations according to report from CNN.
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According to a report from CNN, the CEO of the company broke the news to employees in a call today. Corporate employee's last day will be today, just 5 days before Christmas. See CNN's full report here: https://www.cnn.com/.../party-city-shut-down/index.html

Party City CEO Barry Litwin said in a statement to employees: "That is without question the most difficult message that I've ever had to deliver...[Party City's] very best efforts have not been enough to overcome."

The 12 Connecticut locations that will be closing are:
-Enfield, 90 Elm Street (Enfield Square)
-East Hartford, 17 Main Street
-Fairfield, 2009 Black Rock Turnpike
-Hamden, 2100 Dixwell Avenue
-Manchester, 1444 Pleasant Valley Road
-Newington, 3087 Berlin Turnpike
-Norwalk, 500 Connecticut Avenue
-Orange, 292 Boston Post Road
-Simsbury, 530 Bushy Hill Road
-Stamford, 2275 Summer Street (Recently Reopened)
-Waterbury, 910 Wolcott Street
-Waterford, 915 Hartford Turnpike
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The closures marked the end of a 40+ year business. Party City filed for Chapter 11 bankruptcy in 2023 in an attempt to reorganize and shed under-performing stores. Reports recently emerged that company planned to file for bankruptcy for a second time in as many years. A new bankruptcy case could not be found on the PACER system at the time of posting.