Papyrus Closing All Ohio Stores: Report

STRONGSVILLE, OH — Another national retail chain is closing all of its stores. Papyrus, a stationery retailer, is reportedly closing all of its stores across the country, according to Fortune.

The company, which once had 450 locations, is down to 260 stores, which are currently in liquidation. There are three Papyrus stores in Ohio.

"This decision is heartbreaking for me, personally of course, and also because I know how dedicated you all have been to your stores and this company," CEO Dominique Schurman said in a letter to Papyrus's 1,400 employees.

The company will have liquidation sales at its locations, and some stores have already started advertising 20 percent discounts, according to the Boston Business Journal. The announcement comes after steady declines in greeting card sales and just before Valentine's Day, which is the second-biggest greeting card holiday after Christmas.

The chain, which also sells greeting cards and gift wrap, has these locations in Ohio, according to the company website:

• Beachwood Place
  • 26300 Cedar Road, Beachwood
• Crocker Park
  • 243 Main Street, Westlake
• SouthPark Center
  • 500 Southpark Center, Strongsville