In 2009, as SFP was struggling, it traded the Papyrus name and its wholesale business to American Greetings Corp. The first Papyrus store opened in Berkeley and eventually grew to 500 stores, including its American Greetings, Carlton Cards and Paper Destiny brands. “We hope that through our artistic, thoughtful greeting cards and our personal expression products that we were able to inspire you to celebrate and honor the special people in your lives.” “We regret that we are closing all our stores,” Papyrus posted in a message on its Facebook page. SFP linked its bankruptcy to a 2009 deal, saying it saddled the chain with the high costs of closing stores and an increase in the price of products. Sears closing 11 area stores: Buena Park location will close by FebruaryĬourt records filed Thursday show the company employs about 1,100 workers and has assets worth $39.4 million and debts of $54.9 million, according to Bloomberg.Barneys to lay off 384 California workers, but the company is poised to be sold.See the list of Forever 21 stores closing in Southern California.Joymode transitioning its rentals from online to brick and mortar.Bed Bath & Beyond closes 4 Southern California stores, plans to shutter 36 more locations.The website stresses that all sales are final. “Everything on sale!” one blurb says, while others offer 40% off on calendars and 30% off on gift wrap and greeting cards. The Papyrus website shows deep discounts are available as the company winds down its operations. 40770 Winchester Road, Space 780, Temecula.451 Manhattan Beach Blvd., Manhattan Beach.
8500 Beverly Blvd., Suite 689, Los Angeles. 6600 Topanga Canyon Blvd., space 1036, Canoga Park. 27000 Crown Valley Parkway, Mission Viejo. Local Papyrus stores on the closure list: The move signals further erosion of a brick-and-mortar sector that has struggled to gain traction against Amazon and other online retailers that offer lower prices and fast home delivery. Most of the store closures are expected to take place over the next four to six weeks. filed for bankruptcy with plans to hire liquidators to run going-out-of-business sales at its stores, which include the Paper Destiny brand. and Canada stores including 19 Southern California locations. They impressed upon me that there is no substitute for quality and taste, and I have tried to ensure that these values endure in our company today.Papyrus, a mall-based retailer of stationery and upscale greeting cards, is closing all 254 of its U.S. I have learned so much from both my mother and my father. Q: What made you decide to join the family business?Ī: I have always loved the business, although I had not planned on joining the business until my father made it clear that he wanted to retire and needed a succession plan. At that time there were thousands of small retail stationery stores throughout the country that were interested in carrying fine art cards and postcards. With a few borrowed dollars, they began to import postcards, selling them to local stationers. They were European immigrants, and when they arrived in the U.S., they noticed that there was an opportunity for fine art-inspired cards and postcards in the market. What was the market like back then?Ī: The company was founded by my parents, Marcel and Margrit Schurman. Q: Tell me about Papyrus and how it was founded 60 years ago in the East Bay. This interview has been edited for length and clarity. In a recent interview via e-mail, she looked back on Papyrus' history and the current state of the market. It also has an online operation, which includes custom photo cards and printing to compete against the likes of Shutterfly and Snapfish.ĭominique Schurman, 51, joined the company in 1982 and took over as CEO when her father retired in 1991. Today it operates 385 stores in the United States and Canada, drawing about $200 million in annual revenues. 
Two years ago, it acquired the Carlton Cards retail chain and established itself as the Schurman Retail Group.
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