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- Party City says it's closing over 30 stores after filing for Chapter 11 bankruptcy protection.
- The retailer announced 22 store closures in February. It then added nine stores to the list in April and four more in May, its real estate advisor reports.
- The pandemic hit Party City hard, and subsequent supply-chain challenges have hampered sales.
Party City plans to close over 30 stores in the US following its bankruptcy filing in January.