Category: Times of India

‘We’ve done everything possible,’ Party City CEO breaks down as he announces shut down

By TOI World Desk Party City, the nearly 40-year-old party supplies retailer, is closing all its stores by February 28, 2025. CEO Barry Litwin announced the immediate wind-down of operations, leaving thousands of employees jobless. The company, emerging from bankruptcy earlier this year, struggled with substantial debt despite previous restructuring efforts and store closures. Source: […]

King Charles named second-hardest working royal of 2024; Know who is the first!

By TOI World Desk King Charles, despite battling cancer and undergoing weekly treatments, performed 186 royal engagements in 2024, securing the second position after Princess Anne. His commitment to duty remained unwavering, even during his overseas tour. Meanwhile, the Prince and Princess of Wales significantly reduced their engagements due to the Princess’s chemotherapy treatment. Source: […]