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Party City Going Out Of Business, Closing All 800 Stores, Including 20 In MA
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…
Trump Taps Loyalist Kash Patel As FBI Director
President-elect Donald Trump announced that 44-year-old loyalist and New York native Kashyap “Kash” Patel will serve as the next Director of the Federal Bureau of Investigation,
Trump described Patel as a "brilliant lawyer, investigator, and 'America First' fighter, in an announcement shared to social media on Sunday, Dec. 1. He praised Patel’s career of “exposing corruption, defending justice, and protecting the American people.”
"He played a pivotal role in uncovering the Russia, Russia, Russia Hoax, standing as an advocate for truth, accountability, and the Constitution," Trump sai…
