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Party City Going Out Of Business, Closing All 800 Stores, Including 25 In PA
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…
Teamsters Union Launches Strike Against Amazon
As the holiday season peaks, the Teamsters Union has initiated a significant strike against Amazon, targeting facilities in four states. This action is described as the largest labor movement in the company’s history.
On Thursday morning, December 19, union members began protests at a fulfillment center in Queens, New York, with additional strikes occurring in Atlanta, Southern California, and Skokie, Illinois.
The union aims to highlight unacceptable working conditions and Amazon’s refusal to engage in collective bargaining.
Their demands include better wages, hours, and benefits fo…
Shake Shack Offers Free Burgers With Purchase During Holiday Promotion
Shake Shack is launching a limited-time promotion offering free burgers with a qualifying purchase during the holiday season.
The “Holiday Burger Blitz” will run from Monday, Dec. 16, to Tuesday, Dec. 24, providing customers with a free burger each day when they spend a minimum of $10 and use the code BURGERBLITZ at checkout.
The promotion features a different burger each day, including popular items like the ShackBurger, SmokeShack, and Avocado Bacon Burger. The schedule for the free offerings is as follows:
Monday, Dec. 16: ShackBurger
Tuesday, Dec. 17: SmokeShack
Wednesday, Dec. …
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items
Shoplifting in the US is a costly epidemic, with retailers losing over $120 billion last year.
The trend focuses on easily concealed, high-demand products at major retailers like Walmart and Target, posing a nationwide challenge for store owners and law enforcement.
Electronics, health and beauty products, and food items are among the most commonly stolen goods, Capital One Shopping reports.
Small gadgets such as headphones and phone chargers, alongside over-the-counter medications and cosmetics, are frequent targets.
Alcohol, baby formula, and packaged meats are also popular …
