Part City Near Me (2024)

FAQs

What was Party City called before? ›

Party City Holdings, formerly known as Amscan, is the leading designer, manufacturer, distributor and specialty retailer of party goods in the U.S. and the largest manufacturer of metallic balloons in the world.

Party City Holdco Inc.

Amscan Holdings, Inc.

The company operates over 850 company-owned and franchise outlets in over 70 countries around the world under the Party City, Halloween City, Toy City, Factory Card and Party Outlet brands.

The Right Party Store for Your Party Planning

With over 850 outlets across the USA, Party City is the largest party retailer in North America.

Key takeaways. In an attempt to save the business, Party City has filed for chapter 11 bankruptcy. When the pandemic closed down in-person celebrations, the company struggled financially since they relied on social gatherings for revenue.

What is the uniform requirement at Party City Corporation? Black or very dark navy jeans or khakis as well as a black polo shirt. These articles of clothing will not be provided. Casual preferred.

Rising costs, a helium shortage and the pandemic-induced hold on gatherings took a toll on Party City, which offers a wide assortment of goods like costumes, balloons and decorations.

The retailer in 2019 reported total revenue fell over 3% year over year to $2.35 billion as a result of a growing trend of more consumers shifting spending online, David Orlofsky, Party City's chief restructuring officer, said in an April court document.

Sean C. Thompson is the current President and Interim Chief Executive Officer of Party City Holdco Inc. Mr. Thompson became our President and Chief Commercial Officer in November 2022.

While Party City generally has cheaper products, the selection was smaller, likely because the store also sells items for celebrations other than Halloween. Spirit Halloween, on the other hand, has a huge variety of costumes and decor in an entertaining environment.

Where is Party City headquartered? ›

Woodcliff Lake, NJ

Party City / Headquarters

Market cap: $42.4 Million

As of May 2024 Party City has a market cap of $42.4 Million. This makes Party City the world's 7849th most valuable company by market cap according to our data.

That changed in 2005, according to Mandell, when Party City was bought by private equity firms Berkshire Partners and Weston Presidio. They also owned the party supply manufacturer Amscan, essentially giving it a monopoly.

Party City is an American publicly traded retail chain of party stores. It was founded in 1986 by Steve Mandell in East Hanover, New Jersey.

How many Party City stores are there in the United States? There are 758 Party City stores in the United States as of March 27, 2024. The state and territory with the most number of Party City locations in the US is California, with 90 stores, which is about 12% of all Party City stores in the US.

Party City Holdco Inc: Overview

Party City markets its products under Amscan, and Anagram brand names. The company operates its stores under Party City, and Halloween City banners.

PARTY CITY HOLDCO INC.

Party City Holdco Inc. (PCHI) is a global leader in the celebrations industry, with its offerings spanning more than 70 countries around the world. PCHI is also the largest vertically integrated designer, manufacturer, distributor, and retailer of party goods in North America.

Party City's outstanding stock will be wiped out as part of the plan, and shareholders will not be reimbursed, according to the bankruptcy agreement.