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Business Closure

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Party City Going Out Of Business, Closing All 800 Stores, Including 11 In Connecticut Party City Going Out Of Business, Closing All 800 Stores, Including 11 In Connecticut
Party City Going Out Of Business, Closing All 800 Stores, Including 11 In Connecticut The party is over for a popular chain store that's been in business for decades. Party City is “winding down” operations immediately at its approximately 800 locations, CEO Barry Litwin told corporate employees  in a video call on Friday, Dec. 20, CNN reports. Workers were told they will not receive severance pay, and that their benefits would end as the company goes out of business, CNN says. The company, headquartered in in Woodcliff Lake, New Jersey, is running low on cash and unable to pay rent in some locations, according to an earlier Bloomberg report. Party City was foun…

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by Joe Lombardi
Business
TGI Friday's Closes At Least 12 Restaurants, Including 1 In CT TGI Friday's Closes At Least 12 Restaurants, Including 1 In CT
TGI Friday's Closes At Least 12 Restaurants, Including 1 In CT Casual dining chain TGI Fridays has closed at least a dozen of its restaurants in the last few weeks. Click here for a new, updated story: TGI Friday's Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants According to the company's website and other reports, the following locations are now listed as permanently closed: New York Middletown, 23 Crystal Run Crossing Poughkeepsie, 2594 South Road (Route 9) Clifton Park, 1 Southside Drive  Connecticut Enfield, Freshwater-Stateline Plaza, 130 Elm Street Pennsylvania Allentown,  395 S Ceda…

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by Joe Lombardi
Business
Popular CT Brewery To Close At End Of Month: 'We Are Proud Of What We Accomplished' Popular CT Brewery To Close At End Of Month: 'We Are Proud Of What We Accomplished'
Popular CT Brewery To Close At End Of Month: 'We Are Proud Of What We Accomplished' A popular Connecticut brewery announced that it will stop slinging suds at the end of September.  Paddle Creek Beer Company, located at 1277 Main St. in East Hartford, said in a Facebook post that it would shutter its operations on Saturday, Sept. 28.  First and foremost, Thank You to all our customers, friends, loved ones, vendors and all that were involved in the journey of Paddle Creek. Our mission was to create an atmosphere that was welcoming, produce beers that were enjoyable from the first sip to the last and to build friendships with the people we met along this journ…

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by Josh Lanier