Party supplies retailer Party City is permanently shutting down, CNN reported Friday. Its retail footprint in North America spans over 700 company-owned and franchised stores.

Party City, a longtime retailer and go-to source for many of party supplies, is closing all its stores and going out of business, according to a report from CNN. Company CEO Barry Litwin told corporates employees in a meeting Friday the company is “winding down” operations and and today was their last day working there,