Litin's Party Value in Minneapolis closing after 75 years in business

Minneapolis-based party supply and paper warehouse Litin’s Party Value will close this summer, citing the pandemic and post-pandemic consumer shopping changes as the reason for the decision. “We sustained a double-whammy from the pandemic. It not only upended plans for parties and social gatherings, but it also vastly changed the way consumers shop,” said owner Ned Litin. “It became a real challenge for us to stay relevant in an ever-changing market, trying not only to survive, but thrive, alongside the corporate retail giants.” The second-generation family-owned business will start selling...