11/14/2023 0 Comments Marcel schurman stationery![]() The first PAPYRUS retail store was opened in 1973 in Berkeley, California. It sells a variety of products including greeting cards, gift wrap, stationery, note cards, journals, customized invitations, and other gift and paper products. It also operates as a retail shop with over 450 stores in the United States. PAPYRUS is the Schurman Retail Group's flagship brand. Schurman Retail Group also operates around 400 Clintons stores in the U.K. The company operates over 400 retail stores in North America with brands including PAPYRUS, NIQUEA.D, Paper Destiny, and Carlton Cards. In 2012, American Greetings, which owns a 15% stake in Schurman Retail Group, appointed the company to manage Clintons retail stores in the U.K. In addition to the American Greetings retail stores, Schurman Retail Group also acquired Carlton Cards outlets in Canada.įollowing the American Greetings deal, the company began earning $200 million in annual revenue. In 2009, Schurman Retail Group sold the PAPYRUS brand and wholesale division to American Greetings and bought 341 American Greetings retail outlets. By 2005, Schurman had increased the number of PAPYRUS retail stores from 37 to 146. ![]() Her primary goal was to promote the PAPYRUS brand and continue to create in-house greeting cards. When her father, Marcel, retired in 1991, Dominique took over as CEO. In 1982, the Schurmans' youngest daughter and current CEO, Dominique Schurman, began working at the firm.Äominique Schurman became the company's Vice President within a few years. In the 1980s, Schurman Fine Papers had salespeople and showrooms across the country and began pulling in around $10 million in annual revenue. Over the next five years, the company opened more PAPYRUS retail stores across the United States and eventually opted to start selling franchises. ![]() In 1973, Margrit Schurman opened the first PAPYRUS retail store in Berkeley to exclusively sell the company's products. It earned its first $1 million in 1961, and, by 1965, it had a warehouse and several employees. In its first year of operation, the company earned $20,000. The Schurmans would sell the imported paper products to local gift and book shops. ![]() It was originally known as Schurman Fine Papers and operated as a wholesaler, importing fine art-inspired greeting cards, stationery, and other paper products from Europe. The company was founded in 1950 by Marcel and Margrit Schurman in their Berkeley, California kitchen. ![]()
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