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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…
3 Pittsburgh Residents Charged With Stealing $880K+ In Illegally Obtained PUA Funds
Authorities on Monday announced three Pittsburgh residents were charged with stealing more than $800,000 in Pandemic Unemployment Assistance funds.
Linda Slade, 51, Dr. Rochelle Oaks, 66, and Keith Brown, 53, were each charged with operating a scheme to apply for PUA funding on behalf of at least 90 people, according to PA Attorney General Josh Shapiro.
Slade and Oaks submitted applications for interested participants, while Brown collected fees from the individuals to pay Oaks, Shapiro said.
Slade individually recruited and charged a fee to individuals she contacted through friends …
