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Party City will hold bankruptcy auction for a lease to one of its seven KC-area stores

February 20, 2023 by Andrew Vaupel

Party City Holdco Inc. is auctioning off 12 of its leases in six states — including one in the Kansas City area. The Woodcliff Lake, New Jersey-based party goods and Halloween specialty retailer (NYSE: PRTY) filed for Chapter 11 bankruptcy in mid-January as part of a pre-negotiated restructuring. According to a bankruptcy auction flyer, the 10,000-square-foot store at 541 E. Markey Parkway in Belton is among the leases being auctioned. A local employee confirmed that the Cass County store is…

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