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fromjason ("fromjason.xyz ❤️ 💻") wrote:
Exclusive | Party City’s founder blames bankruptcy on private-equity firms:
"Steve Mandell, who launched the chain in 1986 with a single store in East Hanover, NJ, pinned the retailer’s implosion on a lack of bargains and variety at its stores — a problem he claims was created when private equity executives locked it into a large supply deal with a manufacturer they already owned for roughly 80% of its ... https://micro.fromjason.xyz/2024/12/22/exclusive-party-citys-founder-blames.html