Party City files for bankruptcy with plans to restructure mounting

Retailer Party City has filed for Chapter 11 bankruptcy protection, toppled by a heavy debt load as inflation hits consumers' wallets and dents sales.
Retailer Party City has filed for Chapter 11 bankruptcy protection, toppled by a heavy debt load as inflation hits consumers' wallets and dents sales.

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Party City Goes Bankrupt, Possible Plans to Close Over 20 Stores