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DoorDash to offer on-demand delivery of party supplies from Party City locations nationwide 

Party City files for Chapter 11 bankruptcy protection

Party City is reportedly preparing to file for bankruptcy within weeks due to low cash, inflation-dampened sales, per Wall Street Journal; company has engaged AlixPartners as a restructuring adviser

Party City receives notification from the New York Stock Exchange on Dec. 15 that company no longer in compliance with NYSE continued listing criteria requiring an average closing share price of at least US$1 over a 30 trading-day period

Fitch downgrades Party City to CCC from B- as maturities loom, noting rapid deterioration in company's operations and liquidity; with Party City unlikely to improve operations before its 2025 maturities, some type of restructuring has become more probable

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