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Party City discounts more than 2,000 items

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Party City
Party City says the price cuts result in an average savings of approximately 20% across impacted items.

Party City is cutting prices on thousands of its products ahead of the holiday season.

The party supplies retailer, which exited Chapter 11 bankruptcy late last year, has announced new, lower prices on more than 2,000 popular party supplies and basics. In recent months, Party City reduced everyday prices on more than 1,500 items, and last week added over 500 more to the savings list. The price cuts result in an average savings of approximately 20% across impacted items.

"Consumers continue to feel pressure on their budgets in an environment of uncertainty, sometimes making joyous occasions feel stressful due to affordability," said Barry Litwin, Party City's CEO who was named to the position last month. "We believe our latest price cuts will make celebrating more affordable with new savings available on many of the most frequently purchased items in our stores and online."

By lowering prices on thousands of items, Party City says it hopes to make customers’ party products more budget friendly for upcoming celebrations.

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[READ MORE: How early Halloween is changing retail]

Some examples of the savings consumers can find include:

  • 20-count solid paper lunch plates that were priced at $3.50 are now offered at $1.49,
  • 20-count solid paper dessert plates that were priced at $2.50 are now offered at $0.99,
  • 15-count bagged latex balloons that were priced at $3.80 are now offered at $1.49,
  • 22- piece candy combo bag that was priced at $15.00 is now offered at $11.99, 
  • Eight-count kids birthday lunch plates that were priced at $2.80 and are now offered at $1.99.

Based in Woodcliff Lake, N.J., Party City is the largest party goods retailer, and operates more than 750 company-owned and franchise stores across North America.

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