Friday, January 31, 2020

Hallmark stores are closing in 12 states amid card struggles

MSN Money
It's a tough time to be in the greeting-card business.

Papyrus is closing all 254 of its stores in the US and Canada after its parent company, Schurman Fine Papers, filed for bankruptcy citing "the general downturn in the brick-and-mortar retail industry."

Meanwhile, at least 16 Hallmark-branded stores in the US are also closing, according to local media reports and posts to Facebook by store owners.. . . more