Party City Closing Some Stores Due to Helium Shortage

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Party City officials have said it will close 45 of it’s stores this year.

According to CNN Business:

Balloons are big business for Party City.  The company’s mylar balloon sales fell 8% last quarter, dragging overall sales down 1.4% at Party City stores open at least a year. Sales would have risen if not for the balloon problems.

Helium supplies have been running out for several years, and is now starting to effecting the party business. 

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