UPDATE: January 17, 2010: In a letter to employees, Dominique Schurman, COO of Schurman Retail Group, which owns Papyrus stores, said the company would close its doors. The company has hired liquidation firm Gordon Brothers to assist with the going-out-of-business sales, according to the letter, viewed by Retail Dive.
Schurman cited "current challenges of the retail industry" and said the company had been "diligently working to revitalize our business" for months beforehand. Schurman thanked employees and told them more information would follow "as we navigate this difficult time."
"This decision is heartbreaking for me, personally of course, and also because I know how dedicated you all have been to your stores and this company," Schurman said.
Stationery retailer Papyrus is closing stores around the U.S., with liquidation sales already underway.
The company has not announced the closures publicly, but employees at stores in multiple states confirmed that their stores will close and they have been told to display sale signs. A Retail Dive reporter observed a store in Washington, D.C., with makeshift 20%-off signage throughout the store that noted all sales were final.
The retailer's parent company did not immediately respond to a request for comment. ​Papyrus most recently said on its website it had more than 260 stores.
http://www.retaildive.com/news/papyrus-to-close-stores-around-the-country/570695/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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