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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…
Walmart Issues Massive Recall For Juice Product Sold In 23 States, Including Virginia
Apple juice sold at Walmart has been recalled due to high arsenic levels.
The US Food and Drug Administration says 9,535 cases of the company's Great Value brand 100 percent apple juice were sold in six-packs of 8-ounce plastic bottles bearing this expiration date: Best if Used by DEC2824 CT89-6, and a UPC code of 0-78742-29655-5.
According to the FDA, the product contains inorganic arsenic above the action level set in industry guidance (13.2 parts per billion).
They were sold in 23 states: New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, Virginia,…