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Party City Files for Bankruptcy to Restructure Piling Debt

Por: NBC 6 South Florida World January 18, 2023

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CNBC Mike Calia Retailer has filed for in a bid to restructure its heavy debt load and keep its doors open after supply chain woes, rising inflation and a consumer slowdown took a chunk out of sales. The longtime retailer, best known for its Halloween costumes and party decorations, has been saddled by historic inflation and a shrinking market cap. It decided to move forward with bankruptcy in November after financial advisors determined it was... + full article



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