iParty losses widen in Q3

Dedham, Mass. Party-goods retailer iParty Corp. reported Wednesday that its net loss for the third quarter ended Sept. 26, widened to $1.4 million compared with a $1.3 million loss in the year-ago period.

Revenues dropped 7.6% for the quarter, down to $16.4 million. Comp-store sales dropped 7.7%.

iParty Corp. operates 50 iParty retail stores and licenses the operation of an Internet site for party goods and party planning at iparty.com.

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