![]() Beloved New York grocery chain Fairway Market filed for bankruptcy on Thursday, following in the footsteps of high-end fashion retailer Barneys New York. ![]() Papyrus is just the latest big retailer to go bankrupt. We believe in embracing all that life has to offer and always finding a reason to celebrate. In a 2009 deal, Schurman sold its wholesale business and the Papyrus brand to American Greetings and acquired the greeting-card giant’s retail business in the US and Canada, giving Schurman more than 500 stores in those countries, according to court records. PAPYRUS elevates everyday living and moments in that journey to become joyful events, visual statements, and objects of beauty that convey a sense of self and punctuate the way we experience life. Papyrus, the greeting card and stationery chain, will close all its stores in the United States and Canada after its parent company filed for bankruptcy, another casualty of the long-running. The first Papyrus store opened in Berkeley, California, in 1973 and the company grew into a chain with stores nationwide. Papyrus Stationery LLC Is Importer & Exporter Of Office Supplies, Self Inking Stamps, Date & Number Stamps, Embossing Seals, & Stamping Machines. Papyrus traces its roots back to 1950, when Marcel and Margrit Schurman founded a greeting-card and stationery company in their family kitchen. The company was grappling with higher product costs and the capital costs of renovating or closing several older stores it acquired in 2009, according to court records. Schurman blamed its bankruptcy on the general downturn in the retail industry as well as its unique financial struggles. “The Papyrus brand lives on and we hope you will still find joy in it,” Papyrus wrote in a statement posted to its Facebook page. Papyrus is offering discounts of 20 to 40 percent on its website, where visitors are greeted by a banner saying “ALL SALES FINAL.” Get all reviews, opening hours, directions, phone number, address, offers and more for Papyrus Stationery (LLC), Shop 1,Al Thani Building,Behind Bank. The company operates 178 stores in the US and 76 in Canada under the Papyrus, American Greetings, Carlton Card and Paper Destiny brands, filings show. Own This Day Birthday Greeting Card for Her - Illustrated by Jordana Alves Araujo. Schurman, which employs 1,100 people in the US, expects to shut down the stores by the end of February, it said in a court filing Thursday. PAPYRUS MAKES EVERY CELEBRATION SHINE A LITTLE BRIGHTER FIND INSPIRATION FOR EVERY OCCASION. Schurman Fine Papers, the Tennessee-based firm that operates the artsy greeting-card retailer, plans to close all of its 254 locations and sell off their inventory, bankruptcy court papers show. Stationery seller Papyrus will shutter all of its retail stores after its parent company filed for bankruptcy. Infowars bankruptcy tossed in deal with Sandy Hook parents Revlon files for Chapter 11 bankruptcy as Ron Perelman scrambles Revlon joins meme stocks as shares surge after bankruptcy filingĪmerican tourist in stolen-watch incident faces probe in company's $5M bankruptcy case
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