Papyrus
The greeting card that says, “We’re sorry to see you go,” is appropriate for this occasion. Papyrus, a high-end stationery and greeting card retailer with locations across the country, has closed its doors. The chain’s 70-year-old parent company, Schurman Retail Group, filed for bankruptcy in January and announced that its stores would close. Papyrus, American Greetings, and Carlton Cards stores have closed in total, with 178 of them in the United States. The remainder is located in Canada.
Forever 21
Forever 21 is one of the “fast-fashion” industry’s giants. The chain sells low-cost clothing that changes frequently to stay current, and its massive stores have become a popular destination for teenagers looking for trendy clothing at a low price. However, because young customers are questioning whether Forever 21’s disposable clothing is good for the environment, the retailer has been forced to file for bankruptcy and close down a portion of its business. “Forever” has come to an end for nearly 350 stores worldwide, including nearly 200 in the United States.