Party City told CNN on Friday, Dec. 20 that it will be closing all locations in 2025. Here's how many stores are in Florida.

The party has come to an end for the formerly bankrupt retailer that operates 27 stores in South Florida and more than 850 across the country.

Difficulties from inflation, debt and other factors reportedly hurt the company. FOX Business reached out to Party City for comment on its reported plans to permanently close. This reportedly comes nearly four decades after the company launched and about 14 months after it exited bankruptcy.