"A whole new Party City is coming soon," the popular party and balloon supplier said. The news comes after the company ...

The announcement comes amid Party City’s decision to shutter all its stores, ending a nearly 40-year run in business. Party ...

Michaels carries balloon decorations, including latex and mylar balloons in playful shapes and life-size characters.

Months after announcing plans to go out of business, Party City may be staging a comeback under new ownership, the company said in an email to customers Sunday. New Amscan PC, LLC has acquired ...

Party City plans to maintain both its brick-and-mortar stores and e-commerce platform while reimagining itself as a one-stop destination for party supplies. From balloons to decorations ...

The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed supplies. Michaels, the retailer best known for selling arts and ...

Christopher Dilts/Bloomberg/Getty Images The collapse of Party City is giving Michaels an opportunity to expand its selection of balloons and other celebration-themed supplies. Michaels ...

The crafts retailer came close to swallowing Party City’s share whole: Michaels was listed as the backup bidder at Party City’s bankruptcy auction in February. But, with a $20 million bid ...