About Party City

Party City, founded in 1986, was a leading U.S. chain of party supply stores, offering a wide variety of party goods, including costumes, decorations, and tableware, for various celebrations like birthdays, weddings, and Halloween. While it once operated over 850 company-owned and franchise stores across multiple countries, including Canada, Puerto Rico, and Mexico, the company filed for bankruptcy and closed most of its stores in the United States in December 2024. Some locations outside of the U.S., like in Canada and Puerto Rico, continued to operate. In May 2025, Party City announced new ownership and a potential comeback, indicating a possible relaunch of the brand. 

Key aspects of Party City:

History:
Founded in 1986 by Steve Mandell, the company grew to become a major player in the party supply industry. 

Product Range:
Party City offered a vast selection of party goods, including costumes, decorations, tableware, balloons, and other party essentials. 

Retail Operations:
The company operated a network of stores, including permanent Party City locations and temporary Halloween City stores. 

E-commerce:
Party City also sold products online through its website, PartyCity.com. 

Financial Difficulties:
Party City experienced financial struggles, leading to bankruptcy filings and store closures in December 2024. 

Potential Relaunch:
In May 2025, Party City announced new ownership and a possible comeback under new ownership.