Deal Dispatch: Party City Wraps Up, Big Lots Goes Bust, The Container Store Continues
Deal Dispatch: Party City Wraps Up, Big Lots Goes Bust, The Container Store Continues
交易快报:Party City完结,必乐透破产,Container Store持续经营
Bankruptcy Block
破产阻碍
Party City Holdco Inc., the one-stop-shop for all things celebration, is calling it a wrap. The company's 700 stores are holding going-out-of-business sales.
派对城市控股公司,一个庆祝活动的一站式商店,宣布结束运营。该公司的700家门店正在举行清仓大甩卖。
This is the second time Party City filed for Chapter 11 bankruptcy protection in two years. In 2023, a restructuring process eliminated almost $1 billion in debt — not enough to keep the party going.
这是派对城市在两年内第二次申请第11章破产保护。2023年,重组过程消除了近10亿债务,但这仍不足以让派对继续。
Party City also faced some serious buzzkills like inflation and — per a New York Post interview with the chain's founder, Steve Mandell — shoddy leadership.
派对城市还面临了一些严重的打击,比如通货膨胀,以及根据《纽约邮报》对连锁创始人史蒂夫·曼德尔的采访,糟糕的领导层。
Party City is owned by investment firms such as Capital Group, Davidson Kempner, and...
派对城市由投资公司如资本集团...
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