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Business Closure

Business
Party City Going Out Of Business, Closing All 800 Stores Party City Going Out Of Business, Closing All 800 Stores
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…

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by Joe Lombardi
Business
End Of An Era: Here's When Firehook Bakery Plans To Close Its Doors In Fairfax County End Of An Era: Here's When Firehook Bakery Plans To Close Its Doors In Fairfax County
End Of An Era: Here's When Firehook Bakery Plans To Close Its Doors In Fairfax County Soon to be gone, but not forgotten. Firehook Bakery, a staple for DMV foodies, announced that it will be closing all three of its bakeries in the region effective as of Tuesday, Dec. 24, though their presence in the area will live on through their beloved products. "As a result of the store closings, as of Dec. 24, we will no longer be selling the specialty items offered at the bakeries on-line, but will continue to sell our full range of Mediterranean Baked Crackers," officials at the store said. This is what we really mean when we say we’re running to the store for ‘one last thing.’ …

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by Zak Failla
Business
TGI Friday's Suddenly Closes VA Location Among 12 TGI Friday's Suddenly Closes VA Location Among 12
TGI Friday's Suddenly Closes VA Location Among 12 Casual dining chain TGI Fridays has closed at least a dozen of its restaurants in the last few weeks. Click here for a new, updated story: TGI Friday's Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants According to the company's website and other reports, the following locations are now listed as permanently closed: New York Middletown, 23 Crystal Run Crossing Poughkeepsie, 2594 South Road (Route 9) Clifton Park, 1 Southside Drive  Connecticut Enfield, Freshwater-Stateline Plaza, 130 Elm Street Pennsylvania Allentown,  395 S Ceda…

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by Joe Lombardi