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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

交易快報:Party City完結,必樂透破產,Container Store持續經營
Benzinga ·  2024/12/28 04:44
Bankruptcy Block
破產阻礙
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.
派對城市控股公司,一個慶祝活動的一站式商店,宣佈結束運營。該公司的700家門店正在舉行清倉大甩賣。
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.
這是派對城市在兩年內第二次申請第11章破產保護。2023年,重組過程消除了近10億債務,但這仍不足以讓派對繼續。
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.
派對城市還面臨了一些嚴重的打擊,比如通貨膨脹,以及根據《紐約郵報》對連鎖創始人史蒂夫·曼德爾的採訪,糟糕的領導層。
Party City is owned by investment firms such as Capital Group, Davidson Kempner, and...
派對城市由投資公司如資本集團...
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