Party City to close all locations, including in Everett and Lynnwood

Party City, the nation's largest party goods retailer, will close all its stores, including those in Everett and Lynnwood, effective December 20, 2024. This decision comes after over 40 years in business and is attributed to a significant decline in sales, exacerbated by a helium shortage and the company's bankruptcy declaration in January 2023. With more than 700 locations across North America, the closures will greatly affect local customers who rely on Party City for party supplies and decorations. Shoppers have expressed their disappointment, with some considering alternatives like dollar stores. The announcement has left employees uncertain about their future, as corporate staff were laid off without severance, and some store-level employees received termination letters.

This situation reflects broader challenges in the retail sector, raising questions about the future of similar retailers in an increasingly digital shopping environment.