Thursday, November 7, 2019

Papyrus considers store closures as it negotiates with landlords

Retail Dive
Stationary retailer Papyrus is working to win rent concessions from landlords and could close some stores, according to an emailed Debtwire report. The retailer's owner, Schurman Retail Group, did not immediately respond to Retail Dive's request for comment.

The retailer, which last said on its website it had more than 260 stores, has hired A&G Realty as it looks to negotiate with its landlords, according to Debtwire.​. . . more