ipl-logo

Party City History

555 Words3 Pages

Party City was founded by Steve Mandell in 1986. Steve Mandell noticed that party goods were highly sought after. A large number of retailers carried only limited supplies, and there were no big players in the party market. Mandell decided to specialize in the party supplies business when he realized his long time goal of running his own retail operation. After putting together $125,000, he opened a 4,000 square feet store in East Hanover, New Jersey and named it Party City. The operation was immediately successful and within a year Mandell started planning for a second location. People began asking him to franchise the Party City idea, and as a result Party City began its evolution into a national operation.
After his first year in business, Mandell decided to concentrate more on Halloween than anything else. In 1987 a quarter of his store was turned into a Halloween Costume Warehouse. The operation was highly successful and led to the company's ongoing focus on the holiday. Halloween now had a major impact on the company. October was financially the best year for Party City. Year round, Party City stocked on an inventory of Halloween costumes. This made the customers more aware of the items for the next year Halloween season. …show more content…

By 1990 Mandell also owned four Party City stores. He incorporated the business as a franchising operation, with his stores forming the core of the business chain. By the end of 1990, there were 11 Party City outlets. Five more franchised stores were added in 1991, 16 in 1992, and 26 in 1993. This brought the total to 58. Party City was now a nationwide chain with locations ranging from Hawaii all the way to Puerto Rico. The company's annual revenues in 1993 were over $2.4 million and the net profits approached $235,000. Today Party City revenue is 47.2

Show More
Related
302 Words | 2 Pages

Bernie Marcus and Arthur Blank dreamed up The Home Depot from a coffee shop in Los Angeles in 1978. They pictured a superstore that would offer a huge variety of merchandise at great prices and with a highly trained staff. With help, Marcus and Blank opened the first two Home Depot stores in Atlanta the following year. The warehouse had more items than any other hardware store. Home Depot started off structured differently than it is today (“Home Depot Product Authority,” 2016).

Read More
2224 Words | 9 Pages

They offer products similar to Party City, but their supply is very scarce. Just recently they opened up their market to include supplies for Halloween supplies, but again, are very scarce with their supply. Because Moylan’s Party World has similar products as Party City and because it is a locally owned business, the mark-up to prices is very high. A costume sold at Moylan’s Party World can be found online at a much cheaper rate and that is including shipping. •

Read More
558 Words | 3 Pages

The store's Man's Shop was also expanded, first in 1934 and again in

Read More
701 Words | 3 Pages

Politics and Krewes in New Orleans Mardi Gras Throughout the celebration of Mardi Gras in New Orleans, the events surrounding it have evolved enormously throughout time. It has elements that are present in celebrations in Brazil, such as krewes where groups display their political views and desire for social change, providing an outlet for change. The political nature of Mardi Gras consists of satirical floats that are often a sign of frustration towards the government. During turbulent times of Reconstruction, Mardi Gras krewes used their floats and parades as a means to express their political views, desire for change, and anger.

Read More
171 Words | 1 Pages

Halloween On October 31 every year we celebrate a holiday known as Halloween. Celebrating consists of traditional activities such as: trick-or-treating, haunted houses, dressing up as your favorite character, carving jack-o-lanterns. There’s tons of fun stuff to do on Halloween, but there’s tons of history behind it as well. For starters, did you know that in Ohio, Massachusetts, and Iowa Trick-or-treating is referred to as Beggars Night?

Read More
164 Words | 1 Pages

The things people did earlier in time on Halloween is to have a festival to say that summer's over. The other thing is that the doors open to let souls into our world. There are so many beliefs of the history of halloween like for dead souls to get revenge on their enemies before they move on to the next world. Before the pumpkin people used radishes. They carved the radishes like we carve pumpkins.

Read More
572 Words | 3 Pages

The coffin, cartonnage, and mummy is about six feet long with a vintage or rustic look because the cartonnage is chipped from age. You can determine whether it has human remains because the way that it is shaped, the coffin is proportional to a human’s size. The texture of the cloth is as hard as a rock because the cloth was made in the 22nd dynasty. The four painted panels are about four feet tall and twelve inches wide. They look freshly painted because when the light hits the oil it makes them sparkle.

Read More
599 Words | 3 Pages

Not So Scary Halloween party. This is where all the little kids dress up. While Universal’s are only at night, Disney hosts theirs from September 15 to November 1, staying open later to give people a longer park day for more extravagant Disney

Read More
216 Words | 1 Pages

With the peak time of tourism coming around Halloween, the town and business owners had to figure out how to have a consistent flow of business. Sleepy Hollows used theme-based tourism in their attractions to drawn people in. In ABC’s News Video we heard from the

Read More
198 Words | 1 Pages

City life was changed drastically in the 1800s. “The most extensive urban renewal… took place in Paris in the 1850s. George Haussmann… built wide boulevards and splendid public buildings... Gradually, settlement patterns shifted” (250). Before, the streets were narrow and people didn’t have a lot of work to come by, and the reconstruction of the areas created many jobs.

Read More
747 Words | 3 Pages

However, Halloween also grew increasingly commercialized in the 1980s, when its popularity among adults increased. In 1982, with the launch of Halloween seasonal shops, extravagant decorations received a significant boost, and they later made an appearance in pharmacy stores and supermarkets as well. In an effort to reverse his October slump, Joseph Marver, a garment store owner from San Francisco, decided to start selling costumes that year. Little did he know, the company took off. His sales skyrocketed once he leased a temporary booth in a mall the next year.

Read More
363 Words | 2 Pages

Halloween costumes are magnificent with being overly expensive. Another reason is that you get to devour Halloween food. Whenever I think of Halloween, I think of food and candy. Even without the candy, Halloween still has stupendous food.

Read More
440 Words | 2 Pages

When ghost and goblins, witches and broomstick, candy and costumes are everywhere, it is a sure sing that a favorite holiday is at hand. Falling on the last day of October, Halloween is a fun time for children of all ages. As with any holiday, Halloween has its own traditions. Decorating homes and business, picking out costumes, and trick-or-treating are three favorite Halloween traditions.

Read More
321 Words | 2 Pages

Halloween can be a controversial time of the year; while some spend their whole year in preparation, others try to stray from it as much as they can. A common belief of Halloween’s creation is that it is the devil’s holiday, but this is far from the truth. Halloween’s original name was All Hallows Eve, and it was celebrated as the day before All Saints Day, which is a day to commemorate every saint. It began as a day which is similar to New Year's Eve for us, as it was the day before the Celts new year.

Read More
1284 Words | 6 Pages

Does it keep the world’s ambience in shape? Do we really over exaggerate the true meaning of all hallow’s eve by the traditions we so commonly follow nowadays? Was Halloween meant to be a time of fear and exhilarating times of false peril; or was it meant to show a sacrifice of crop to a higher power? Let us deepen our roots and peradventure ameliorate our knowledge about the truth of the true spirit of Halloween.

Read More

More about Party City History

Related Topics

Open Document