• Party City Announces Promotion

    Oct 17, 2007

    On Oct. 10 Party City announced that Gregg Melnick was promoted to Chief Operating Officer of Party City/Party America/The Paper Factory. In his new position as COO, Gregg assumes responsibility for the store operations of the company's 450 corporate stores in addition to his current… Full Story »
  • Adults, Kids and Pets to Celebrate Halloween with Style

    Sep 26, 2007

    Children aren't the only ones who will be celebrating this Halloween; their furry friends will actually be joining them on Halloween night in the search for treats. According to the National Retail Federation's 2007 Halloween Consumer Intentions and Actions Survey, conducted by BIGresearch, an estimated… Full Story »
  • GLM, dmg world media Finalize Acquisition Agreement

    Sep 25, 2007

    Dmg world media and George Little Management (GLM) have finalized an acquisition agreement -- seven years after their initial partnership and three years ahead of dmg world media's option to purchase a majority interest -- to make GLM a wholly-owned subsidiary of the global exhibition… Full Story »
  • Spending Surpasses $5 Billion, Costumes and Candy Still Reign for Halloween

    Sep 24, 2007

    Consumers are expected to spend more on Halloween this year than last year, with the average person planning to spend $64.82 on the holiday compared to $59.06 one year ago, according to the National Retail Federation's (NRF) Halloween Consumer Intentions and Actions Survey, conducted by… Full Story »
  • Converting Announces Merger with Affiliate of Kohlberg & Company

    Sep 21, 2007

    Converting Inc., a Clintonville, Wis.-based manufacturer of tabletop disposables and party goods, has announced that it signed an agreement to merge with an affiliate of New York-based private equity firm, Kohlberg & Company LLC. The closing of the transaction, which is expected to occur within… Full Story »
  • AAH Holdings Corporation to acquire Factory Card & Party Outlet

    Sep 18, 2007

    AAH Holdings Corp. and Factory Card & Party Outlet Corp. have announced that a subsidiary of AAH and Factory Card & Party Outlet have signed a definitive merger agreement pursuant to which AAH will acquire Factory Card & Party Outlet in an all-cash transaction valued… Full Story »
  • International Greetings Acquires Glitterwrap

    Sep 18, 2007

    International Greetings PLC, through its subsidiary International Greetings USA has announced the acquisition of Glitterwrap Inc., manufacturer of giftwrap and party products. The acquisition will allow International Greetings USA to provide a broad product range to the U.S. market with brands that include The Gift Wrap… Full Story »
  • GB Merchant Partners Sells Spencer Gifts

    Sep 13, 2007

    GB Merchant Partners recently announced the sale of Spencer Gifts Holdings Inc. to ACON Investments. The company will continue to be operated by its current management team, led by CEO Steven Silverstein, the former President of Linens 'n Things. As part of the transaction, management… Full Story »
  • Solo Cup Sells Hoffmaster Business

    Sep 13, 2007

    Solo Cup Company announced Sept. 11 that it signed an agreement to sell its Hoffmaster business to an affiliate of funds managed by Kohlberg & Company for approximately $170 million. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close… Full Story »
  • IParty Corp. to Purchase Two Party City Franchised Stores

    Sep 13, 2007

    IParty Corp., a party goods retailer that operates 50 iParty retail stores, reported Aug. 16 that it has entered into an asset purchase agreement to purchase two retail stores in Lincoln, R.I., and Warwick, R.I., currently operated as Party City franchise stores. The price will… Full Story »

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