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Party City Going Out Of Business, Closing All 800 Stores
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…
Former Mass. Resident Jay Leno Falls Down 60-Foot Hill, Hits Head On Rock
Former Tonight Show host Jay Leno is again making headlines for an accident that left him bruised and battered, according to reports.
Leno, age 74, a native New Yorker who grew up in Massachusetts, is recovering from injuries sustained from falling down a 60-foot hill and hitting a rock while trying to make his way to a restaurant in Pennsylvania, the comedian told TMZ in an interview on Tuesday, Nov. 19.
In his interview with the outlet, Leno, seen with an eyepatch and bruised face, explained that he had been trying to take a shortcut to the restaurant from his hotel about 30 m…
