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Party Land Inc. acquires Hallmark party stores.


KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--Sept. 28, 1995--Hallmark Cards Inc. announced today the sale of 11 Parties Galore stores to Party Land Inc.

Parties Galore is a party supply retail chain owned by Evenson Card Shops Inc., a subsidiary of Hallmark Cards Hallmark Cards, a privately owned American company based in Kansas City, Missouri, is the largest manufacturer of greeting cards in the United States. Approximately 50% of greeting cards sent in the United States every year are manufactured by Hallmark.  Inc.

Party Land Inc., the world's largest international retail party supply franchise with more than 100 franchises in 21 states, Canada, Singapore and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , will acquire, through the Parties Galore purchase, up to 34 new locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  in strategic markets.

"This transaction reflects Hallmark's strategic decision to focus on the manufacture and wholesale supply of party products for the specialty party industry in general," said John McCallister John McCallister, MLA (born 20 February1972) is a Northern Ireland Unionist politician who, in 2007, was elected to the Northern Ireland Assembly as an Ulster Unionist Party (UUP) member for South Down. , corporate development, Hallmark Cards.

"Our party retail concept stores helped us refine Hallmark's Party Express brand products," McCallister added. "Now we look forward to building a more meaningful supplier relationship with the growing Party Land organization. Party Land's customer-oriented philosophy is very consistent with that of the Parties Galore chain. We believe the Party Land Franchise system is well positioned to incorporate and leverage further the successful concept we developed over the past five to six years."

"Party Land Inc.'s purchase of the bulk of Hallmark's Parties Galore chain signals a new era for our company," said Brian Feller, president of Party Land Inc. "We will be looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 more chain acquisitions and conversions of existing dealers, as well as aggressively pursuing new franchises both in the United States and abroad."

Party Land Inc.'s link with Hallmark goes beyond the purchase of their party supply chain. "We look forward to continuing our excellent relationship with Hallmark by featuring many of their products and working closely with Party Express," said Todd Potter, executive vice president of Party Land Inc. "Party Express has been very successful in developing new and differentiated products, including many based on key licensed products."

CONTACT: Hallmark Cards Inc.

Adrienne Lallo, 816/274-5961

or

Party Land Inc.

John Barry John Barry may refer to:
  • Sir John Barry around 1529 rector of Chew Stoke
  • John Barry (naval officer) (1745–1803), officer in the Continental Navy
  • John S.
, 800/PRTY-LND, ext. 208
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 28, 1995
Words:330
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