Party City to auction off leases to all US stores as it goes out of business

Party City will be auctioning off the leases for all of its 695 stores in the US ahead of the retail company’s nationwide closure.In late December, the party store mainstay announced that it would be shuttering its doors after 40 years in the states due to high inflation that it couldn’t keep up with that drove customers elsewhere. 3 Party City will be selling all of its United States store location leases ahead of its nationwide closure. APOf the retail company’s 850 outlets, a staggering 695 are in the ...