Party City
Party City added ten more locations to a list of 45 stores set to close by the end of the year late last summer. Who is the main culprit? Due to helium shortages and rising helium prices, one of the store’s main businesses, balloon sales, suffered. In addition, 65 of the chain’s Canadian locations are being sold.
LifeWay Christian
LifeWay Christian, a faith-based bookstore, announced in March that it would close all of its 170 locations due to declining foot traffic and sales. However, the company continues to sell its products online.