Huge twist in abrupt closure of 800-store national chain as bankruptcy was triggered by its own experts

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Huge twist in abrupt closure of 800-store national chain as bankruptcy was triggered by its own experts

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A stunning twist has emerged in the bankruptcy of Party City, the beloved national chain that's been a staple for nearly four decades. On Friday, we reported that the party and craft retailer is closing all 850 stores in the coming weeks, with February 1 set as the final deadline for shutting down the business. But it emerged this week the final nail in the coffin was self-inflicted. The chain's troubles began with an appraisal conducted by retail consultants Hilco Global, which Party City hired in September.
Read More >> Full Article on Source: CELEBS MAG
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