Your closed Party City may soon turn into one of these familiar stores

www.wsav.com – Alix Martichoux – 2025-02-12 12:56:00

SUMMARY: Party City announced its immediate closure after struggling with slow sales and financial issues, following a bankruptcy filing. The leases of over 500 shuttered locations were auctioned, with Dollar Tree emerging as the top bidder for nearly 150 sites. Dollar Tree, which also owns Family Dollar, aims to expand its presence. Other bidders included Five Below, winning more than 40 leases, along with brands like Barnes & Noble, Books-A-Million, Burlington Coat Factory, La-Z-Boy, and Cavender’s. A court hearing to approve the lease transfers is set for the end of the month in Houston.

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