Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told ...

This is the retailer’s second bankruptcy in less than two years. It will offer “going out of business” sales as stores close.

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More than 200 specialized detention facilities have been built or expanded across China, a CNN investigation finds, as the ...

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The announcement was made to corporate employees Friday, who were told it was also their last day of work, according to CNN.

In a Friday meeting viewed by CNN, Party City CEO Barry Litwin told employees that the company is "winding down" operations ...

Party City, known for its party supplies and seasonal Halloween City popup stores, has filed for bankruptcy and is going out ...