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submitted 1 day ago* (last edited 1 day ago) by FlyingSquid@lemmy.world to c/news@lemmy.world

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?

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[-] normalexit@lemmy.world 4 points 3 hours ago

The brand always seemed kind of silly to me. I'm sure the margins are good on their items, but most people will think to go to a retail store instead of a specialized party store. Target and Walmart both sell food and alcohol in my state, so I can stop there and get everything I need for the actual party..

[-] ByteOnBikes@slrpnk.net 1 points 2 hours ago

I got confused and read it like you went to Party City for food and alcohol.

Like damn, all my Party City had was balloons, plastic silverware, and costumes. I mean you can probably get drugs from the stoned kid working there, but not every store.

[-] Spacehooks@reddthat.com 11 points 23 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.

[-] TankovayaDiviziya@lemmy.world 3 points 2 hours ago

Online shopping is gradually usurping traditional, physical shops. But on the flip side, maybe replace the old store locations with affordable housing?

[-] TheTetrapod@lemmy.world 9 points 17 hours ago

Unless they're keeping the managers around to run sales, it doesn't sound like they'll have the staff for clearance. Maybe you could do a little morally justified looting, though?

[-] spicehoarder@lemm.ee 12 points 15 hours ago

If I ever forgot I was on Lemmy...

[-] TheTetrapod@lemmy.world 4 points 3 hours ago

Happy to be of service!

[-] NatakuNox@lemmy.world 41 points 1 day 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.

[-] Bonesince1997@lemmy.world 5 points 1 day 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 44 points 1 day ago* (last edited 1 day ago)

"Winding down"?!

Motherfuckers set off a nuke!

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

Yeah, "winding down" isn't compatible with "effective immediately".

[-] meco03211@lemmy.world 21 points 1 day 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 4 points 1 day 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.

[-] FlyingSquid@lemmy.world 11 points 1 day ago

Spirit-light, nothing! Halloween should be a state of mind, not a holiday!

[-] abigscaryhobo@lemmy.world 26 points 1 day 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.

[-] CmdrShepard42@lemm.ee 5 points 1 day 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?

[-] the_crotch@sh.itjust.works 3 points 12 hours ago

Pickleball courts

[-] ctkatz@lemmy.ml 21 points 1 day ago

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

[-] ImADifferentBird 9 points 1 day ago

Crap. Where will I get single-color M&Ms now?

[-] TheRealKuni@lemmy.world 2 points 11 hours ago

Times Square M&M store. If you don’t live near NYC, well whose fault is that?

[-] Sterile_Technique@lemmy.world 8 points 1 day ago

I coulda sworn this happened like a decade ago. Idr the last time I even noticed a Party City.

[-] Evkob@lemmy.ca 8 points 1 day ago

Poor Sharon Needles, she'll be homeless now.

[-] beefbot 4 points 1 day ago

“Go back?! I CAN’T, PHEE PHEE!!”

[-] Lemminary@lemmy.world 6 points 1 day ago

Damn, where will we send Sharon Needles to now?

[-] robocall@lemmy.world 6 points 1 day ago

the party is over

this post was submitted on 20 Dec 2024
192 points (100.0% liked)

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