50+ Companies That Are Not American Anymore

Published on 10/01/2021
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Paper Source

Paper Source is a stationery and gift store based in the United States that provides bespoke invitations, greeting cards, presents, and more. The retail firm, which was founded in 1983, filed for bankruptcy in March 2021. However, it was revealed not long after that Paper Source had been sold to Barnes & Noble. This meant that 130 businesses and 1700 employees would be preserved. COVID-19, of course, was to blame for everything.

Paper Source

Paper Source

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Goodwill

Unfortunately, Goodwill was forced to close for the entirety of the COVID-19 epidemic owing to the global pandemic. Not only that, but the charity resale business was forced to shutter eight sites and lay off around 60 staff.  “We have had to make a difficult decision for economic reasons,” said Mike Keenan, president, and CEO of Goodwill Industries of the Greater East Bay. “Our employees are our first priority, and we will continue to do everything we can to support them at this difficult time and fulfill the Goodwill mission in our remaining stores and facilities. Let’s hope things improve for them!

Goodwill

Goodwill

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