Papyrus
Would it be in bad taste to get this company a card saying, “We’re sorry to see you go”? Papyrus was best known as a stationery retailer that had locations in different parts of the United States. In January, its parent company Schuman Retail Group declared bankruptcy and made an announcement about the store closures. All in all, it shut down 254 locations of Papyrus, Carlton Cards, and American Greetings. Of those, 178 were in the United States. All the others are located in Canada.
Papyrus
Forever 21
There are plenty of “fast-fashion” companies out there, but we daresay that Forever 21 is one of the biggest players in the market. It is best known for selling affordable and trendy clothes. We can see why it was such a huge hit among teenagers. The game is now changing as young people question the ethics of disposable clothing such as their offerings. In the end, the retailer had to declare bankruptcy and downsize its operations. The company has since shuttered almost 350 shops across the globe, and 200 of those were in the United States.
Forever 21
