Business & Tech
Party City Closing All Stores In U.S., Including Clifton Location
Party City is going out of business, closing all remaining stores in the United States, including the one on Rt. 3 in Clifton.
CLIFTON, NJ — Party City is going out of business, closing all remaining stores in the United States, including the one on Rt. 3 in Clifton. This ends Party City's 40-year reign as the go-to party supplier in the country.
Employees at the Clifton Party City referred all calls Friday to corporate. But other Party City stores in New Jersey said they will remain open "until supplies last."
"Today was the last day for corporate, but stores will be open until supplies last," said one unnamed Party City employee in Monmouth County. She said they were expecting a February closing date.
Find out what's happening in Secaucusfor free with the latest updates from Patch.
CEO Barry Litwin told corporate employees the company is "winding down" operations and Friday was their last day of employment, according to CNN reporters who viewed a meeting of the company’s corporate employees Friday.
"That is without question the most difficult message that I’ve ever had to deliver," Litwin said at the meeting, which was held on a video conference call. Party City’s "very best efforts have not been enough to overcome" its financial challenges, he added, resulting in the company’s collapse.
Find out what's happening in Secaucusfor free with the latest updates from Patch.
Party City has 25 New Jersey locations, including in North Bergen and Wayne.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.