![Party City Closing 45 Stores Due to Helium Shortage](https://townsquare.media/site/398/files/2019/05/party-city-Untitled.png?w=980&q=75)
Party City Closing 45 Stores Due to Helium Shortage
The New Jersey-based company Party City says a global helium shortage is hurting its profits, forcing them to close 45 stores.
Of Party City's more than 870 locations, including Deptford and Mays Landing here in South Jersey, we don't yet know WHICH 45 stores will be forced to close its doors, according to 6abc.com.
In a statement, CEO James Harrison said shortage in helium has "negatively impacted" Party City's latex and metallic balloon sales, two of the company's biggest revenue generators.
But Harrison remains optimistic thanks to an alternative, stating "We believe [a] new source [of helium] should substantially eliminate the shortfall we are experiencing."
Who knew the world could experience a helium shortage? I mean, it's on the periodic chart right? I guess it's not as free as oxygen, but I'm not a scientist, I only play one on TV. Lol.
SOURCES: 6abc.com
More From Lite 96.9 WFPG
![Sally Beauty in Egg Harbor Township, NJ Mysteriously Closes](http://townsquare.media/site/398/files/2023/02/attachment-sally-eht.jpg?w=980&q=75)
![Haddonfield, NJ’s Jay West Bridal Shop is Out of Business After 54 Years](http://townsquare.media/site/398/files/2022/11/attachment-IMG_4586-e1667847399914.jpg?w=980&q=75)
![PetValu, With Many South Jersey Stores, Going Out of Business](http://townsquare.media/site/564/files/2020/11/PetValu-in-Mays-Landing.jpg?w=980&q=75)
![GameStop Closing Up to 450 Locations This Year](http://townsquare.media/site/397/files/2020/09/GettyImages-1212845523.jpg?w=980&q=75)
![Tips for Lowering Your Home Energy Bill in NJ](http://townsquare.media/site/397/files/2024/07/attachment-Electric.jpg?w=980&q=75)
![South Jersey Spot Is NJ’s #1 Place to Scatter Your Ashes](http://townsquare.media/site/397/files/2024/07/attachment-guy-spreads-ashes.jpg?w=980&q=75)
![North Wildwood Lotto Player Wins $1Million on $20 Scratch-Off](http://townsquare.media/site/397/files/2024/07/attachment-winning-lotto-tix.jpg?w=980&q=75)
![Mainland Grad & Hard Rock CEO Named to Gaming Hall of Fame](http://townsquare.media/site/397/files/2024/07/attachment-jjim-allen-41.jpg?w=980&q=75)
![Shhh! Don’t Tell NJ Politicians. Gas Prices are Coming Down](http://townsquare.media/site/397/files/2024/07/attachment-State-House.jpg?w=980&q=75)