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Party City IP, wholesale operations to be acquired for $20M

Retail Dive LogoRetail Dive20h ago

Party City IP, wholesale operations to be acquired for $20M - Retail Dive

Quick Summary:

An affiliate of Ad Populum is buying the party retailer's IP, but Dollar Tree and Five Below emerged as top bidders for the company's store leases.

The company operated nearly 700 stores when it filed for its bankruptcy in December, its second Chapter 11 filing in about two years.

The pending sale to New Amscan is the latest turn in what’s become a bumpy road for Party City.

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Party City IP, wholesale operations to be acquired for $20M - Retail Dive (Picture 1)Party City IP, wholesale operations to be acquired for $20M - Retail Dive (Picture 2)Party City IP, wholesale operations to be acquired for $20M - Retail Dive (Picture 3)Party City IP, wholesale operations to be acquired for $20M - Retail Dive (Picture 4)

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Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 12:45:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 26090520

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About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 3 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 21 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

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The story "Party City IP, wholesale operations to be acquired for $20M" has 506 words across 27 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Party City IP, wholesale operations to be acquired for $20M" was covered 20 hours ago by Retail Dive, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 3 news stories per day.

It's most recent story was published 21 hours ago.

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  • News ID: #26090520
  • URL: https://beamstart.com/news/party-city-ip-wholesale-operations-17392977548009

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