Papyrus
Papyrus, the home of the greeting cards, should probably put out a card that says, “sorry to see you go,” now that the upscale stationery store is beginning to close. It’s 70-year-old parent company Schurman Retail Group filed bankruptcy in January and made an announcement that all stores would be closing. It seems that greeting cards are not what they used to be and today, nearly 254 Papyrus, American Greetings, and Calton Cards stores are going out of business.
Papyrus
Forever 21
For years, Forever 21 has been one of the largest, “fast-fashion businesses around. They have low prices for trendy clothing and are always up to date with what’s in style for teens. However, recently, young shoppers have questioned if their disposable clothing is healthy for the planet, and they have been forced to file bankruptcy. Nearly 350 stores worldwide have been shut down, with 200 U.S stores. Now, they are under new ownership and can hopefully save what is left of the 450 stores.
Forever 21