Jennifer Waters

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Schurman Fine Papers has filed for Chapter 11 bankruptcy protection and announced plans to close all 254 of its Papyrus and American Greetings card stores in North America, after days of speculation and reports of a heartfelt email sent to employees.</p></div></div>

Retail

Schurman Retail Group

Schurman Fine Papers CEO Says Company Fell Victim to Challenges of Retail Industry

Papyrus Parent Files for Chapter 11, Plans to Close 254 Greeting Card Stores

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Papyrus Parent Files for Chapter 11, Plans to Close 254 Greeting Card Stores

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Papyrus Parent Files for Chapter 11, Plans to Close 254 Greeting Card Stores

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