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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…
Drexel Student Raises $102K After NJ Crash That Killed Parents, Teen Sister
On Tuesday, Sept. 17, Max Dryerman said his final goodbyes to his parents and his younger sister.
The college student from Woodcliff Lake lost his entire immediate family in a crash on the Garden State Parkway over the weekend. A joint funeral service was held for David and Michele Dryerman, both 54, and Brooke Dryerman, 17, Tuesday morning at Temple Emanuel of Pascack Valley. A burial service followed at Sharon Gardens on Lakeview Avenue, in Valhalla, NY.
Max, whose LinkedIn shows he's studying engineering at Drexel University in Philadelphia, launched a GoFundMe page to help put himself t…