News & Stories Business After decades in business, Party City declares bankruptcy and closes its doors Alina Selyukh February 25, 2025 / 3:06 pm One store laid claim to celebrations across America — Party City. That juggernaut is now bankrupt, turning off the music and shutting it all down. Why you can trust KUOW Recommended Stories Howard Schultz moves away from Starbucks roots, trading Seattle for Miami March 11, 2026 Starbucks union pushes back against plans to close 5 Seattle stores March 10, 2026 Starbucks to relocate supply chain workers from HQ to new Nashville office March 04, 2026