Party City CEO Barry Litwin told corporate employees Friday that the company was “winding down” operations immediately and that today would be their last day of employment, CNN reported

I guess all the former Party Citys can become Spirit Halloweens sometimes?

  • Spacehooks@reddthat.com
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    5 hours ago

    That’s a bit sad. Guess I’ll need to keep an eye out for closing sales. I swear it’s every months a store is closing nearby.

  • CmdrShepard42@lemm.ee
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    9 hours ago

    Man, in my city, the Party City building used to be the 99 cent store about 20 years ago and has been Party City ever since. Now they’re going out of business so what will be the next 20-year-viable business to occupy the space?

  • NatakuNox@lemmy.world
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    15 hours ago

    I mean, who can afford parties any more. Not even joking. None of my friends are buying anything extra for parties. Kids parties as well. Just the essentials.

    • Bone@lemmy.world
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      6 hours ago

      Yet not long ago I recall reading that people were spending unbelievable amounts of money on Halloween. Even for their pets! Expensive costumes. You name it. People don’t seem all that wise on these things.

  • shyguyblue@lemmy.world
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    19 hours ago

    “Winding down”?!

    Motherfuckers set off a nuke!

    Edit: I’d be down for a year-round Spirit-light

      • meco03211@lemmy.world
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        17 hours ago

        “You misunderstood. We’re winding down (gestures to C-suite suits). You are packing your shit and getting the hell out of my store. Release the hounds Smithers.”

      • otp@sh.itjust.works
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        16 hours ago

        When you use corporate lingo (that happens to also be everyday lingo with the exact same definition) but don’t know what it means.

  • abigscaryhobo@lemmy.world
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    18 hours ago

    Party City has been circling the drain for a while. All the stuff they were good for has been replaced by dollar stores, spirit Halloween, and Amazon delivery. All they really carry that I can’t get anywhere else in a couple hours/overnight somewhere else is helium/filled mylar balloons. This is just the “time of death” declaration.

  • ctkatz@lemmy.ml
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    18 hours ago

    vulture capitalism at it’s best. and when I say best I mean the absolute worst.

  • Pistcow@lemm.ee
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    19 hours ago

    Yeah, $10 for 5 regular ballons seems reasonable. Get fucked Party City.

    • Veedem@lemmy.world
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      18 hours ago

      The price of those balloons includes helium and the labor to fill them. It’s not entirely unreasonable.

        • Veedem@lemmy.world
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          17 hours ago

          I’m on their site and 15 ct not inflated is only $1.49 before a small discount.

          • Pistcow@lemm.ee
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            17 hours ago

            Touchè CEO of Party City. I stand corrected on balloons. The tchotchke single use party bullshit is still overpriced.