Dedham, Mass.

Dedham, Mass. -- iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North America’s largest party supply retailer. “We are excited to add iParty’s...

Dedham, Mass. -- Party goods retailer iParty Corp. reported Wednesday a loss of $1.51 million in the quarter ended March 26, compared with a loss of $1.49 million in the year-ago period. Revenues for the quarter edged up 1.7% to $15.1 million. Same-store sales dipped 1.1%. iParty Corp. operates 53 iParty retail stores in New England and Florida.