Party City
Late last summer, Party City added 10 more locations to a list of 45 stores due to close before the end of the year. Who is the main offender? One of the store’s core industries, balloon sales, suffered as a result of helium shortages and rising helium prices. Furthermore, 65 of the chain’s Canadian outlets are up for sale.
LifeWay Christian
Due to decreased foot traffic and revenues, LifeWay Christian, a faith-based bookshop, announced in March that it will close all 170 of its locations. The corporation, however, continues to sell its wares online.