Consumer
Party City Preparing to File Bankruptcy as Soon as This Month
- Party supplies retailer is also exploring a liquidation
- Filing would be second bankruptcy in less than two years
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Party City Holdco Inc. is planning to file for bankruptcy possibly within the next two weeks, in a process that may lead to the liquidation of its stores, according to people with knowledge of the matter.
The timing of a filing is still in flux and plans could change, the people said, who asked not to be identified discussing a private matter.