Route 46 store among two dozen Party City locations slated for closure, auction after bankruptcy

A store in Passaic County is among nearly two dozen Party City locations slated for closure or auction as part of the beleaguered chain’s bankruptcy restructuring.

Retail leaders see a clearer path to recovery, despite continued uncertainty

Despite the enduring struggles of malls, further bankruptcies by large chains and other challenges to brick-and-mortar retail, industry leaders say the path to stability is becoming clearer. That’s especially true for properties that were fundamentally stronger before the pandemic, which are now drawing the attention of tenants in search of space.