Party City Corporation · Rockaway, NJ United States
Company Description
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This link will open in a new window Party City believes you should party hearty, and it has everything you need to do so. The company, the US's #1 discount party goods chain, has about 600 company-owned and franchised stores in the US and Puerto Rico. Party City sells party supplies for birthdays, weddings and bridal showers, baby showers, and a slew of holiday events -- including Halloween, its biggest season, accounting for about 20% of annual sales. Party decor maker Amscan is the chain's main supplier, furnishing about 25% of Party City's merchandise. Founded in 1986, Party City was acquired in 2005 by the principal owners of Amscan -- the private equity firms Berkshire Partners LLC and Weston Presidio -- for about $364 million. To read the full description, subscribe now.
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Key Party City Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | June |
| Employees | 4,100 |
Party City Corporation Executives
13 executives listed for Party City Corporation's Rockaway, NJ location.
| Title | Name & Bio | Contact |
| CEO, Amscan Holdings | Gerald Rittenberg | Network |
| President | Lisa Laube | Network |
| SVP and COO | Gregg Melnick | Network |
Competition
Competitive Landscape for Party City Corporation
Consumer spending, special occasions, and tourist travel drive demand. The profitability of individual companies depends on effective merchandising and the ability to generate store traffic. Large companies have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by selling specialty products, providing superior service, or delivering a unique customer experience. The industry is labor-intensive: average annual revenue per worker is about $80,000. Gift stores compete with a wide range of businesses because they stock merchandise across many categories. Major competitors include mass merchandisers, department stores, Internet retailers, home shopping channels, warehouse clubs, and toy stores. To read the full description, subscribe now.Top Party City Corporation Competitors
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