Party City files for bankruptcy after pandemic recovery falters

Party City Holdco Inc. is seeking bankruptcy protection, a final blow for the retailer that struggled to rebound after sales plummeted during the pandemic. The firm filed for Chapter 11 bankruptcy in the Southern District of Texas on Jan. 17, court documents show. It reached a plan with holders of more than 70% of its […] The post Party City files for bankruptcy after pandemic recovery falters appeared first on Digital Commerce 360.