SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of Earliest Event Reported): November 9, 2001

                                  iParty Corp.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          Delaware                       0-25507                  13-4012236
--------------------------------------------------------------------------------
(State or other jurisdiction     (Commission File Number)      (I.R.S. Employer
      of incorporation)                                      Identification No.)

               1457 VFW Parkway, West Roxbury, Massachusetts 02132
               ---------------------------------------------------
                (Address of principal executive offices/Zip Code)

Former name, former address, and former fiscal year, if changed since last
report:
<PAGE>

Item 5. Other Events

      On November 12, 2001, iParty Corp. (the "Company") announced that its
Board of Directors adopted a Stockholder Rights Plan (the "Plan"). Under the
Plan each stockholder of record at the close of business on November 9, 2001,
will receive a dividend of one right for each outstanding share of the Company's
common stock, par value $0.001 per share, and each share of the Company's
outstanding preferred stock, par value $0.001 per share, on an as converted
basis. Each right entitles the holder to purchase from the Company, upon the
occurrence of certain events, one one-hundredth of a share of a new series of
Series G Junior Preferred Stock at an initial purchase price of $2.00. A press
release was issued to that effect. The complete text of the press release issued
by the Company and the Rights Agreement dated as of November 9, 2001, are
attached as exhibits to this document.

Item 7. Financial Statements and Exhibits

      (c) Exhibits.

Number      Description
------      -----------

99.1        Press Release dated November 12, 2001.

99.2        Rights Agreement dated as of November 9, 2001 between iParty Corp.
            and Continental Stock Transfer and Trust Company, as Rights Agent.
<PAGE>

                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        iParty Corp.


Date: 11/15/01                          By: /s/ Sal Perisano
      --------                              ------------------------------------
                                                Sal Perisano
                                                Chief Executive Officer


Date: 11/15/01                          By: /s/ Patrick Farrell
      --------                              ------------------------------------
                                                Patrick Farrell
                                                President
<PAGE>

                                  EXHIBIT INDEX

Number      Description
------      -----------

99.1        Press Release dated November 12, 2001.

99.2        Rights Agreement dated as of November 9, 2001 between iParty Corp.
            and Continental Stock Transfer and Trust Company, as Rights Agent.
[{"type": "8-K", "sequence": "1", "filename": "d01-35250.txt", "description": "FORM 8-K", "secsgml_size_bytes": 3576}]
{"company-data": {"conformed-name": "IPARTY CORP", "cik": "0001078383", "assigned-sic": "7373", "irs-number": "134012236", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15611", "film-number": "1794590"}, "business-address": {"street1": "41 EAST 11TH STREET 11TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10003", "phone": "2123311225"}, "mail-address": {"street1": "130 WEST 30TH ST. 10TH FL", "city": "NEW YORK", "state": "NY", "zip": "10001"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of Earliest Event Reported): November 9, 2001

                                  iParty Corp.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          Delaware                       0-25507                  13-4012236
--------------------------------------------------------------------------------
(State or other jurisdiction     (Commission File Number)      (I.R.S. Employer
      of incorporation)                                      Identification No.)

               1457 VFW Parkway, West Roxbury, Massachusetts 02132
               ---------------------------------------------------
                (Address of principal executive offices/Zip Code)

Former name, former address, and former fiscal year, if changed since last
report:
Item 5. Other Events

      On November 12, 2001, iParty Corp. (the "Company") announced that its
Board of Directors adopted a Stockholder Rights Plan (the "Plan"). Under the
Plan each stockholder of record at the close of business on November 9, 2001,
will receive a dividend of one right for each outstanding share of the Company's
common stock, par value $0.001 per share, and each share of the Company's
outstanding preferred stock, par value $0.001 per share, on an as converted
basis. Each right entitles the holder to purchase from the Company, upon the
occurrence of certain events, one one-hundredth of a share of a new series of
Series G Junior Preferred Stock at an initial purchase price of $2.00. A press
release was issued to that effect. The complete text of the press release issued
by the Company and the Rights Agreement dated as of November 9, 2001, are
attached as exhibits to this document.

Item 7. Financial Statements and Exhibits

      (c) Exhibits.

Number      Description
------      -----------

99.1        Press Release dated November 12, 2001.

99.2        Rights Agreement dated as of November 9, 2001 between iParty Corp.
            and Continental Stock Transfer and Trust Company, as Rights Agent.
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        iParty Corp.

Date: 11/15/01                          By: /s/ Sal Perisano
      --------                              ------------------------------------
                                                Sal Perisano
                                                Chief Executive Officer

Date: 11/15/01                          By: /s/ Patrick Farrell
      --------                              ------------------------------------
                                                Patrick Farrell
                                                President
EXHIBIT INDEX

Number      Description
------      -----------

99.1        Press Release dated November 12, 2001.

99.2        Rights Agreement dated as of November 9, 2001 between iParty Corp.
            and Continental Stock Transfer and Trust Company, as Rights Agent.