Papyrus will soon close all of its retail locations in the United States.
It is rumored that the company has already hired a liquidation firm to set up their going out of a business sale. The COO of Schurman Retail Group, Dominique Schurman has issued letters to employees informing them about the fate of their retail stores.
The stationary retailing says that the current state of retail is the reason for closing all of their retail stores in the United States. It remains unclear if the Papyrus eCommerce and wholesale business will remain operational.
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