In December, the sad news broke that Party City will be closing all stores. At first, it appeared that the party retailer would shut down immediately, as corporate staff got laid off at the end of ...

Months after the popular party and balloon supplier Party City closed hundreds of stores across the country as part of a "winding down" of operations, the brand's new owner says the company will be ...

The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed supplies. Michaels, the retailer best known for selling arts and crafts ...