Papyrus Out Of Business
Papyrus To Close 254 Stores In North America Greeting Card Companies Going Out Of Business Papyrus
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Papyrus a retail shop best known for its trendy stationery supplies and greeting cards is going out of business shuttering hundreds of stores in North America including three shops in San Diego.
Papyrus out of business. Schurman Retail Group the parent company of the American Greetings card brand which acquired Papyrus in 2009 will shutter all of its retail stores in 2020 Patrice Molnar a spokesperson for. For that companys retail operations. The Goodlettsville Tennessee-based business founded by Marcel and Margrit Schurman in 1950 is holding sales to clear inventory as it readies to shut down its retail stores in the next four weeks.
Papyrus best known for selling stationery and upscale greeting cards is folding. Owner SFP Franchise filed for bankruptcy with plans to hire liquidators to run going-out-of-business sales at its 254 stores which includes the Paper Destiny brand. In 2009 as SFP was struggling it traded the Papyrus name and its wholesale business to American Greetings Corp.
The well-known stationary store Papyrus is reportedly closing all of its stores across the country according to Fortune. The closings will happen in the next four to six weeks. A mall staple is going out of business.
For exquisite gift décor Papyrus delivers quality and beauty every time. Schurman Fine Paper which owns the brand filed for. Market and the parent company Schurman Retail Group SRG recently filed for Chapter 11 bankruptcy protection according to a WSJ article.
CBSCNN Papyrus a mall staple thats best known for selling stationary and upscale greeting cards is going out of business. The employees said they were told last week that all. Papyrus a mall staple thats best known for selling stationery and upscale greeting cards is going out of business.
Schurman Fine Paper which owns the brand filed for Chapter 11 bankruptcy Thursday in a Delaware court. Greeting card and gifts chain Papyrus is closing all its stores including six in Illinois according to employees at two Chicago-area stores. Time to stock up on paper stock.
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