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Nj-based Party City Going Out Of Business, Closing All 800 Stores, Including 25 In Garden State
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…
Historic Bergen County Pizzeria Shutters
A popular Bergen County pizzeria is set to close after 25 years in business.
Brooklyn's Pizzeria in Edgewater announced the closure on its website.
The shop's flagship store opened in the early 1900s in Harlem, NY — its owner, Patsy Lancieri, among the first New Yorkers to use a coal-burning brick oven in the 1990s, the website reads.
Years later, Lancieri's nephew, Pat Grimaldi, opened his pizzeria in Brooklyn. Later came the Hackensack location in 1993, where owner John Grimaldi met his wife, Julie.
Brooklyn's opened in Edgewater in 1997, and then in Ridgewood in 2001. The Edgewater sho…
