Party City to close 45 stores amid global helium shortage
Signage on the front of a Party City store. The chain has filed for bankruptcy protection. (WISH Photo)
(WISH) — Party City announced Thursday it will be closing 45 stores due to a global helium shortage.
The store chain that specializes in party supplies has not yet said which locations will be shutting its doors. But the closings are planned to happen throughout the year.
Party City has 870 locations in the U.S. and Canada.
Party City CEO James Harrison said the closings would help them “focus on the most profitable locations” among other things.
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CNN Newsource contributed to this report.