Party City is a retail chain in the United States that specializes in selling party supplies and costumes. The company was founded in 1986 by Steve Mandell, who identified a gap in the market for a dedicated party supply store. With its headquarters in Elmsford, New York, Party City has grown to become the largest party goods supplier and retailer in North America.

The main products offered by Party City include balloons, tableware, decorations, costumes, and party favors. The company also provides custom printing services for personalized invitations, banners, and other party paraphernalia. Additionally, Party City offers a wide range of seasonal items for holidays such as Halloween, Easter, and Christmas.

In terms of its global scale of operations, Party City has expanded internationally through various subsidiaries, joint ventures, and partnerships. It operates under several brand names outside the United States, including Party City, Halloween City, and Party Delights. Noteworthy partnerships include collaborations with Disney, Warner Bros., and Marvel to produce licensed products featuring popular characters.

Party City is a dominant player in the party supplies industry and holds a strong market position. In 2019, the company reported global retail sales of over $2 billion. It competes with other major players in the industry, such as Walmart and Amazon, but maintains a strong reputation for its extensive product selection and expertise in party planning.

Throughout its history, Party City has made significant strides in its growth and brand strategy. In recent years, the company has focused on expanding its e-commerce presence and improving its in-store experience. It has also made efforts to increase its environmentally friendly offerings, including biodegradable balloons and recyclable tableware.

Currently, Party City continues to thrive as a leading supplier of party goods. However, like many retail businesses, it has faced challenges due to the COVID-19 pandemic, with temporary store closures impacting its operations. Nonetheless, the company has adapted by expanding its online shopping capabilities and implementing safety measures in its physical stores to ensure customer satisfaction and safety.

As of the latest updates, Party City consistently updates its inventory and launches new products to cater to the evolving needs and trends in the party industry