After decades of helping New Yorkers celebrate life’s biggest moments, Party City is throwing its final party—announcing the closure of all its stores, including its Bronx locations at Bay Plaza Shopping Center and Fordham Plaza.
On Friday, Dec. 20, CEO Barry Litwin informed corporate employees during a meeting that the company would begin “winding down” operations immediately, marking the end of employment for its staff, according to CNN.
For nearly 40 years, Party City established itself as the nation’s largest and most recognizable party supply chain. The company currently operates 24 stores across New York City and Long Island.
Bronx is home to two remaining Party City locations, one at Bay Plaza Shopping Center and another at Fordham Plaza. These stores are part of the retailer’s broader New York City footprint, which includes three locations in Brooklyn and two in Manhattan, Queens and Staten Island, respectively. There are more than a dozen stores across Long Island.
The announcement comes nearly a year after Party City declared bankruptcy in January 2023. By March, the company had already closed three New York City locations amid a wave of 22 closures nationwide. Despite emerging from bankruptcy in April, the company faced ongoing financial struggles. Barry Litwin, appointed as CEO four months ago, was brought on in an attempt to stabilize the brand.
Schneps Media has reached out to Party City for comment on the closures.
