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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…
Eastern Shore Drug Ring Crumbled: Cocaine, Fentanyl, And Firearms Seized: Maryland State Police
Nearly 40 people accused of running a large-scale drug-trafficking ring on Maryland’s Eastern Shore were indicted following a massive five-month investigation by local, state, and federal law enforcement, authorities announced.
The operation, led by Wicomico Narcotics—a collaboration between the Maryland State Police, Fruitland Police Department, Wicomico County State’s Attorney’s Office, and the Drug Enforcement Administration—dismantled a network accused of distributing cocaine, fentanyl, and other drugs across Wicomico, Dorchester, and Baltimore counties.
Search warrants executed in Augu…
