When you are planning a celebration, the last thing you want is for the key pieces of decor to sag before guests arrive.

Helium is the second-most abundant element in the galaxy, yet Party City is struggling to find enough of the gas to fill balloons.Balloons are big business for Party City. The company's mylar balloon ...

PHILADELPHIA (CBS) -- If you have an upcoming celebration and are hoping to visit a party store soon to buy balloons, you may feel a little deflated to learn some are out of helium. A worldwide helium ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Helium is the second-most abundant element ...

The retail chain previously said the lack of access to the natural gas has "negatively impacted our latex and metallic balloon categories" Party City has announced its plan to close roughly 45 stores.

The party is over for Party City, as the company has announced it will close 45 stores. The retail chain has been grappling with a global shortage of helium, although it says the shortage is not ...

Forbes contributors publish independent expert analyses and insights. Joan Verdon is a veteran retail reporter based in Northern New Jersey. Party City got a lift after the retailer revealed it has a ...