Money Papyrus closing all stores in the next four to six weeks, files for bankruptcy protection January 21, 2020January 23, 2020 Kelly Tyko and Nathan Bomey, USA TODAY Comments Off on Papyrus closing all stores in the next four to six weeks, files for bankruptcy protection Schurman Retail Group has filed for Chapter 11 bankruptcy protection and is closing all 254 Papyrus stores in the next four to six weeks.