Party City Closing Stores In 2019
The New Jersey-based party supplies company announced Thursday it will shut down 45 of their stores. Party City CEO James Harrison said in a statement Thursday the company typically closes 10 to 15 stores…
CORDOVA, SC – FEBRUARY 27: Left to right, brother and sister, Jada, 5, and Stephon, 7, Guinyard, play with balloons outside Cordova Town Hall polling precinct on the day of the South Carolina Democratic Presidential Primary February 27, 2016 in Cordova, South Carolina. Town Hall also served as the venue for a 4 year old’s birthday party and members of the community both voted and attended the celebration. Voters arrived to cast their ballots in the primary between Democratic candidates Hillary Clinton and Sen. Bernie Sanders (D-VT). (Photo by Mark Makela/Getty Images)
(Photo by Mark Makela/Getty Images)The New Jersey-based party supplies company announced Thursday it will shut down 45 of their stores.
Party City CEO James Harrison said in a statement Thursday the company typically closes 10 to 15 stores each year.
"This year, after careful consideration and evaluation of our store fleet, we’ve made the decision to close more stores than usual in order to help optimize our market-level performance, focus on the most profitable locations and improve the overall health of our store portfolio,” Harrison said.
They did not release a list of affected stores but said the closures will take place throughout the year.
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