Comments on: American Greetings and Schurman Fine Papers exchange assets http://www.stationersguild.org/news/industry-news/american-greeting-schurman-fine-papers/ Trends in stationery, wedding invitations, social stationery, baby announcements and holiday cards Mon, 09 Apr 2012 23:44:45 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Barry Steinhart http://www.stationersguild.org/news/industry-news/american-greeting-schurman-fine-papers/comment-page-1/#comment-194 Barry Steinhart Sat, 29 Aug 2009 01:00:53 +0000 http://www.stationersguild.org/news/?p=1124#comment-194 As a former Papyrus franchisee, I don't believe the press release. Papyrus' retail operations were not any more profitable or less than AG's. They were making their money on the wholesale end. It looks like an end game for AG to easily get out of the retail business without having the issues of revealing it as a public company. The talk of Papyrus going public has been going on for years. I don't think there's enough financial strength to pull it off. Plus Papyrus has never been strong in Retail Management. As a former Papyrus franchisee, I don’t believe the press release. Papyrus’ retail operations were not any more profitable or less than AG’s. They were making their money on the wholesale end. It looks like an end game for AG to easily get out of the retail business without having the issues of revealing it as a public company.

The talk of Papyrus going public has been going on for years. I don’t think there’s enough financial strength to pull it off. Plus Papyrus has never been strong in Retail Management.

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