Party City in Encinitas, California, is closing down its store, due to helium shortages, price increases and the city-wide ban on selling helium balloons that took effect on March 11, 2022. This restriction, described as a "nail in the coffin" by store manager Gavin O’Donnell, affected sales, as helium balloons are a key product for party supply stores. The closure reflects broader challenges faced by Party City, including helium shortages, which have compounded issues arising from the pandemic and helium shortages, leading to the company's restructuring and closure of underperforming stores.
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