IParty

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This article is about retail chain that sells party-related merchandise. For the software used in Microsoft Windows, see Internet Party Line.

iParty Corporation
Type Public (NYSE MKT: IPT)
Industry Retail
Fate Acquired by Party City
Founded 1998
Headquarters Dedham, Massachusetts, U.S.
Products Party supplies, including plates, cups, decorations, custom invitations, custom ribbons, balloons, halloween costumes, helium tank rentals, and party favors
Website www.iparty.com
Iparty store Rt.1, Saugus, Massachusetts

iParty was a chain of more than 52 retail stores in New England and the Tampa Bay Area of Florida that specialize in selling party-related merchandise as well as seasonal items such as Halloween costumes, Christmas garland, and Easter baskets during the appropriate time of year. In total, the number of different products that iParty sells throughout its stores is over 20,000. The chain, started in 1998 by husband and wife team Sal Perisano and Dorice Dionne, employs more than 1,000 people in Maine, New Hampshire, Vermont, New York, Connecticut, Massachusetts, Rhode Island, and Florida.[1]

In March 2013, iParty announced that it had accepted an offer to be acquired by Party City in a deal worth around $38 million in total. The company cited financial issues stemming from the effects of Hurricane Sandy in late-2012 (which disrupted the Halloween season) as a motive for the decision to explore strategic alternatives. iParty's stores will be re-branded under the Party City brand.[2]

Awards

  • National Party Retailing Awards 2008—Party Retailer of the Year[3]
  • National Party Retailing Awards 2006 -- Best Marketing and Promotions[4]
  • National Party Retailing Awards 2005—Best Store Website
  • Boston Business Journal 2006—Corporate Philanthropy Award
  • Communicator Awards 2007—Award for Print Calendar Creative
  • Boston Parents Paper 2005–2007—Family Favorite Award for Favorite Party Store
  • Taunton Gazette Reader's Choice Award 2008—Best Party Supply Store
  • Boston Business Journal 2008—Massachusetts' Top 150 Public Companies[5]

Locations

iParty has more than 50 locations in the six New England states and several in the Tampa Bay Area of Florida.[6]

See also

References

  1. ↑ "How It All Began". iParty Corp. Archived from the original on 2008-08-03. Retrieved 2008-11-02. 
  2. ↑ "iParty agrees to be acquired by Party City". Boston Globe. Retrieved 12 June 2013. 
  3. ↑ http://www.iparty.com/about/awards/NPR_08.pdf
  4. ↑ http://www.iparty.com/about/awards/2006_natlpartyretailing_awards.pdf
  5. ↑ "Awards". iParty Corp. Archived from the original on 2008-08-03. Retrieved 2008-11-02. 
  6. ↑ "Locations". iParty Corp. Archived from the original on 2008-05-31. Retrieved 2008-11-02. 

External links


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