Party City Faces Second Bankruptcy in Two Years

Dec 13, 2024
3 min read

Party City is reportedly preparing for its second bankruptcy filing in two years as it struggles with declining sales, competition from retailers like Walmart and Spirit Halloween, and the impact of a helium shortage crucial for its balloon business.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Connecticut Committee Hears Opposition to Proposed Helium Balloon Ban

The Environment Committee of the State of Connecticut held a hearing to understand the opposition’s view to its proposed helium ban. One of the reasons set out by the opposition was that the ban is un

QatarEnergy Halts LNG and in turn Helium Production

A recent gasworld webinar discussed how QatarEnergy’s suspended LNG and associated product (helium) production at its Ras Laffan facility following Iranian missile strikes, raises concerns over the se

Canadian Researchers Control Molecular Spin Inside Superfluid Helium

Researchers at the University of British Columbia developed a new optical centrifuge capable of controlling molecular rotation within superfluid helium nano-droplets, marking the first time scientists