Monday, May 13, 2019

Party City will close 45 stores as it grapples with global helium shortage

Party City plans to close 45 of its 870 stores in 2019, the company said last week. The New Jersey-based retailer has eight stores in Greater Baltimore. The company did not state which of its stores would close. “Each year, Party City typically closes 10 to 15 stores as part of our prudent network optimization process and in response to ongoing consumer, market and economic changes that naturally arise in the business,” CEO James Harrison said in a statement. “This year, after careful consideration…



from https://www.bizjournals.com/baltimore/news/2019/05/13/party-city-will-close-45-stores-as-it-grapples.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184847841922

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