Party City is shutting down its operations.
The party supply retailer, which operated 10 locations in Alabama, including Montgomery and Opelika, informed employees on Friday that it would be closing for good. According to CNN, CEO Barry Litwin announced during a meeting that the company is “winding down” operations immediately, with Friday marking corporate staff’s last day of employment.
Financial challenges and bankruptcy
Party City has faced ongoing financial difficulties, filing for bankruptcy in January 2023, which led to store closures as part of a restructuring effort. Although the company emerged from bankruptcy in September 2023, it struggled to recover financially. Competition from online retailers like Amazon and seasonal stores such as Spirit Halloween—now expanding into Christmas products—added to its challenges.
Party City’s legacy in the industry
With 850 outlets across the U.S., Party City remains North America’s largest party supply retailer. The company’s website reflected on its history: “We’ve been in business for over 30 years, growing from a single location to a national chain with stores in most states. Our superstores are one-stop shops for party supplies from A to Z, many exclusive to Party City.”
Alabama locations that are closing
Alabama’s Party City locations included:
Crestwood Mall: 1608 Montclair Road, Birmingham
Hoover Mall Shopping Center: 1615 Montgomery Highway Suite 102, Birmingham
Brook Highland Shopping Center: 5287 Highway 280, Birmingham
Valley Bend: 2750 Carl T Jones Drive SE Suite 1100, Huntsville
Westside Centre: 6275 University Drive NW Suite 31, Huntsville
Azalea Center: 300 East Azalea Road Suite E, Mobile
Twin Oaks Village Shopping Center: 2759 Eastern Boulevard, Montgomery
Tiger Town: 2534 Enterprise Drive, Opelika
Eastern Shore Plaza: 10200 Eastern Shore Boulevard, Spanish Fort
Midtown Village: 1800 McFarland Blvd E, Tuscaloosa
Sign up for the Homely Huntsville newsletter to stay up to date on Huntsville.
