January 23, 2020 Comments Off on Stationery Chain Papyrus Will Shutter Its Stores Views: 480 National News, Southeast, Tennessee

Stationery Chain Papyrus Will Shutter Its Stores

Greeting card and stationery chain Papyrus is closing all of its North American stores, with most of the closings due to take place over the next four to six weeks, USA Today reported.

The chain’s parent company, Goodlettsville, TN-based Schurman Retail Group, reportedly has hired Gordon Brothers to assist in the store liquidations.

“Despite our Herculean efforts to realign our Papyrus and American Greetings stores to fit today’s shopping environment, Schurman Retail Group had to make the difficult decision to close all 254 of our stores in North America,” Dominique Schurman said in a statement.

Although the company had not yet made a formal announcement, USA Today reported that the Papyrus website advertised 20% off full-priced items, and indicated that all sales were final.

Read more at USA Today

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