Papyrus files for bankruptcy, closes all of its stores - Business Insider

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Stationery chain Papyrus is filing for bankruptcy and closing all of its stores, impacting more than 1,000 jobs

Schurman Retail Group did not immediately respond to Business Insider's request for comment but in a statement shared with Cleveland.com, a spokesperson said that the majority of stores would shutter in the next four to six weeks.

At its peak in 2009, the company had 500 stores across the US and Canada after it entered into a deal with American Greetings Corp that led to it acquiring the retailer's stores across these two regions.

 

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That’s sad news. Such a nice store.

Yikes

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