Papyrus
For this occasion, a greeting card with the words “We’re sorry to see you depart” is acceptable. Papyrus, a high-end stationery and greeting card shop with outlets around the United States, has gone out of business. Schurman Retail Group, the chain’s 70-year-old parent firm, declared bankruptcy in January and announced shop closures. There have been a total of 254 Papyrus, American Greetings, and Carlton Cards store closures, with 178 in the United States. The remainder is in Canada.
Forever 21
Forever 21 is a behemoth in the “fast-fashion” business. The chain provides low-cost clothes that change frequently to stay current, and its enormous stores have become a favorite destination for teens looking for stylish stuff at a low price. However, because youthful buyers are wondering whether Forever 21’s disposable clothes are healthy for the environment, the business has been forced to declare bankruptcy and close down a portion of its operations. “Forever” has come to an end for roughly 350 stores globally, including nearly 200 in the United States.